Are Led Lighting Units Be Worth The Price?
Everyone is trying to save money and energy nowadays
. The first thing you are suggested to do is swap out incandescent lights with new technology bulbs. This saves energy but can it save you money? I want to take a short while to run the amounts on the new and not so new lights around. This won't be an in-depth summary on lighting just to determine if the new bulbs are worth the initial expense.
- Let me use 10 cents a Kilowatt Hour for the cost of energy source (0.10/KWH).
- I am going to assume 4,000 hours of usage a year. This is about average for a retail store or restaurant occupancy.
- Now I am using a 60 watt incandescent light as the basis of the estimation, so my comparison lights will have 800 lumens at least.
- I am going to look at the values on a 1 year, 5 year and 10 year scale.
- The cost of hard cash is 7%. This will be necessary in the comparison section because should you buy the lights you don't own that money left to spend on something else or earn you money. Down below will be 12 month cost of ownership. This is Incandescent light bulb amortized at 7% over the lifespan of the bulb divided by 4,000 hour each year.
Incandescent Lights:
For the motives of this exercise I will assume that incandescent lights are free. An instant price check exhibits I can get 8 packs for lesser than 2 dollars so I am rounding this cost to nothing.
- 60 watts x 4,000 hours = 240,000 watts (Watts each year).
- 240 KWH x $0.10 = $24.00 per year to use the incandescent bulb.
- Twelve month cost of Ownership = $0.00. (Since the bulb cost practically nothing the cost to own the bulb also is $0.00.)
Fluorescent Lights:
I am applying a 13 watt compact fluorescent they emit about 900 lumens and keep working about 8,000 hours and cost approximately $10.00.
- 13 watts x 4,000 hours = 52,000 watts (Watts annually)
- 52 KWH x $0.10 = $5.20 per year to run the fluorescent bulb.
- Annual cost of Ownership = $5.40 ($10.00 at 7% for 2 years)
LED Light Bulbs:
LED lights are a little more complicated than the others. I am using a LED based light with the same light output as the above 2 lights, 13 watts, 900 lumens and 50,000 hour life. The price I am having is $75.00. You can find low cost lights with life span spans but the color of the light rays is not comparable to the rest.
- 13 watts x 4,000 hours = 52,000 watts (Watts per annum)
- 52 KWH x $0.10 = $5.20 per year to run the LED bulb.
- Yearly cost of Ownership = $9.00 ($75.00 at 7% within 12.5 years)
The Comparison
- Incandescent Lamps = 1 year $24.00 - 5 year $120.00 - 10 years $240.00
- Fluorescent Light bulbs = 1 year $10.60 - 5 year $53.00 - 10 year $106.00
- LED Lights = 1 year $14.20 - 5 year $71.00 - 10 year $142.00
Conclusion
LED light price point would have to decline to $45.00 to be with equal footing with CFL or the wattage would need to be cut in half. By the time you learned this it may already be valid, so get the latest prices and your power bill and run the figures for your internet marketing business.
by: John Reid
Allocate Your Possessions Higher Interest On The Particular Led Color Rendering Index (cri) In Led Light Bulbs A Few Ideas To Keep Your Air Tanks Last More Time When Diving The Lot Of The Modern Teacher Makita Lct300w Testimonials Are You Looking For A Decent Job In Hyderabad Structural Insulated Panels Were Used To Rebuild After Hurricane Katrina Ibm Thinkpad X220 Notebook Review Learn How To Convert Flv To Dvd Amount Of Damage A Termite Can Do How Long Will My Limo Wait At The Airport If My Flight Is Late? What Are The Various Ways To Lose Weight? What Is A Forensic Pathologist