With significant changes in our country’s global economic and environmental climate, every day customers ask us about going green with LED Light bulbs. Synergy Lighting offers over 300 of these newly popular, environmentally friendly, Solid State Lighting Products which achieve phenomenal energy savings and feature CREE Brand LED’s. Of particular interest is the myriad of associated questions commonly asked of us by consumers.
- Do the LED Light Bulbs really last a long time?
- How much do they cost?
- Do LED Light Bulbs put off as much light as a standard light bulb?
- How long before the price comes down?
At one point in time, though we highly encourage the use of LED Light Bulbs, the resulting answers were all positive until that moment in time when you have to disclose to a customer how much the LED bulbs would really cost. Many LED distributors will do anything but answer that all consuming bottom line question, “How much do they cost?”. One can only imagine the words we hear from a customer when the price comes out. Customers must come to understand that the Price of the Bulb and the cost of operation are two different things. The price of the lamp, or the purchase price rather is usually insignificant compared to the operating cost of electricity, replacement and labor. In the following comparison, we will compare a 60 Watt Incandescent to an 8 Watt LED to show the true “Life Cycle Cost”.
| Comparison | 8 Watt LED Bulb | 60 Watt Incandescent |
|---|---|---|
| Average cost per bulb | $70.00 | $0.39 |
| Hours used per year | 3850 | 3850 |
| Hour life of bulb | 50000 | 1500 |
| Energy cost per year (.13 pkw) | $4.00 | $30.33 |
| Product life in years | 13 Years | 5 Months |
| 13 year Energy Cost | $52.00 | $394.29 |
| Replacements required | N/A | 33.3 |
| Time to change bulb | 10 minutes | 10 minutes |
| Labor Cost ($12.00 per hour) | 2.00 | 66.00 |
| Total Life Cycle Cost | $124.00 | $473.27 |
Total Energy Savings Achieved: $349.27
As clearly demonstrated with the above chart, an energy savings of $349.27 per bulb can result in thousands of dollars saved by reducing energy waste for a business with multiple lamps. When one looks at the initial price of an LED light bulb, this must be considered the investment value, and the energy and labor, replacement cost savings is the return on investment (ROI). The ROI is 498% and a 87% total reduction of energy waste.
For more information on LED Lighitng or LED Light Bulbs, view our website or call Synergy Lighting for a free consultation.
Phone: (941)-756-4844
Toll Free: (877) 220-5483
e-mail: sales@synergylightingusa.com
