One of the driving factors that lead many home and business owners to switch out their incandescent light bulbs is the savings from LED light costs. You’ve more than likely heard that LED lights can save you a money, but when it’s time to replace your light bulbs, the low and immediate prices of compact fluorescent (CFL) and incandescent light bulbs may be just too appealing. To help convince you to make the switch, here’s a look at LED light costs and how they compare overall to CFL and incandescent light bulbs.
How much do LED lights save per year?
The average cost of an LED light bulb tends to be significantly higher than its CFL and incandescent counterparts. This higher cost can scare away many potential buyers, but the financial benefits of LED lights vs incandescent and CFL aren’t something that can be measured by immediate costs.
You can see the real financial savings from LED lights in the long-term. In fact, according to a study conducted by the sustainable living website, Eartheasy, the difference between LED vs incandescent lights is quite drastic. According to the study, the cost of running 50,000 hours of LED light bulb use would average less than $90. A “cheaper” incandescent light bulb, in comparison, would cost over $350 to run for the same amount of time.
With the LED wattage being significantly less compared to incandescent bulbs, the total cost of running LED lights for an extended period of time is by far and away better than incandescent and even CFl light bulbs.
If you’re ready to start reaping the financial benefits of LED light costs, be sure to reach out to our staff at LED Light and Power.