Another area I was very impressed was the many varieties of LED bulbs available for the numerous applications out there. LED bulbs available as floods, PAR 20, GU 10, etc. I love it that my customers don't have to retro fit light fixtures to accommodate the new bulbs. I haven't seen any 3 way LED bulbs though.
So I did some math on the LED ROI because my curiosity got peaked upon reflection of the bulb cost.
For a lamp that's on six hours a day, that would give us 12 watts x 6 hours x 365 = 26.3 kWh. At $.092 per kWh (mid -peak price) that's $2.42 a year to operate. Subtract that from $12.09 (incandescent cost) and that's a savings of $9.67 a year.
The bulbs packaging says it has a lifespan of 25,000 hours, it should theoretically last for about 11 years in this application. Over 11 years, we would otherwise have to buy 22 incandescents, for a cost of $16.50, or about $1.50 each year. With the annual savings of $9.67 in energy and $1.50 in bulbs, the LED will pay for itself in just under three years.
Not bad!
I could see these bulbs being very beneficial in commercial applications which need a lot of light. It would be a huge cost savings for them.
I'm definitely looking forward to being able to provide my customers with an alternative lighting solutions now.
Dave
Owner 360renos
phone 613.429.5000
mobile 613.282.2124
mobile 613.282.2124
email dbennett@360renos.ca
www.360renos.ca
www.360renos.ca
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