The days of traditional lights are gone, our future is brighter with LED. A compact fluorescent bulb consumes about $170 over a 20-year lifespan, while LED light consumes $110 over the same period.
Starting from 2014, incandescent light bulbs have ceased production and importation in the US. Even in other countries, it is becoming progressively challenging to locate stores that still carry traditional light bulbs
One study says that in 2019, 50% of light bulbs in use will be LEDs and by 2030, that percentage will increase to 87%. That means almost everything used in the next nine years, including cell phone screens and Christmas lights, will be powered by LED.
The main question is: Is it cheaper than the incandescent bulbs that were used before?
The benefits of LED
Due to its methodology LED is very efficient: as it is powered by the diode inside, it consumes much less energy. It uses 75% less energy than incandescent bulbs. While the traditional incandescent light bulbs consume 50 watts, LED operates on 12 watts. “Light Emitting Diode” is also safe because it operates at a lower electrical voltage. This prevents it from overheating, which reduces the risk of electrical fires.
The lifespan of this type of lamp is particularly long: unlike traditional or compact fluorescent tubes. While these types of fixtures usually work for about 1,000-8,000 hours, the initial life of LEDs is 10,000 hours, but most of the last 25,000 hours, which is about 20 years if the lamp is used for 3 hours a day.
For example, Our Linear LED High Bay lights which is mostly used in warehouses, gyms, parking lots, and stadiums comes with a 5-years warranty which gives an indication of life expectancy.
For you to know, most of our LED high bay light products come with 5-7 years warranty. Feel free to check them out!
Financial and environmental savings
LED is not the cheapest product on the market as some of them can be quite expensive, depending on the type. Buying a LED light fixture – especially for businesses – is more of an investment than a general purchase. Since this type of lighting fixture saves a lot of money in electricity costs, its price pays for itself within a few years.
A compact fluorescent bulb consumes about $170 over a 20-year lifespan, while LED light consumes $110 over the same period. It should be remembered that CFL bulbs can last for about 5,000 hours, so they need to be replaced more frequently. Accordingly, LED not only saves energy but also time and money.
In 2021, the average price of electricity in the US is 13.19 cents per kilowatt-hour. A LED light bulb operating at 5 watts does the same work as a CFL bulb that works on 40 watts. Using these two examples for a calculation, a LED bulb would cost about $130 for a lifetime, while the CFL one would cost about $ 1040.
Of course, in the case of companies, “Linear Led High Bay” would be more expensive as it is a device that is perfect for indoor and outdoor parking lots, tunnels, and even warehouses (both the lamp and the energy price), but it is highly recommended for a longer period of time as it saves a lot of money and time overall (not to mention the 5-year warranty!).
If you would like to read more about the cost-effective LED light solutions we offer, take a look at our website.
My name is Ricky Wang, I’m the business manager of GRNLED. I have been in LED lights industry for more than 10 year. Feel free to contact us. I’m happy to provide you the best service and products.
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