Uncover the facts, figures, and many reasons why LEDs make business sense.
For all of the LED talk that’s out there, you may be wondering how much energy savings you can make by switching to LED. The energy savings made by switching to LED can be huge. LED lighting is up to 85% more efficient than conventional lighting. It can also last up to 10 times longer than traditional lamps.
In this post, we’re going to take a deeper look into the world of LED lighting and explore some of the top reasons a business, commercial property, or warehouse should take the LED plunge.
Why Choose LED Lamps and Light bulbs?
Would you like to save money and improve the environment? Then choosing LED is a simple choice to make. LED lamps are easy to install into existing sockets, and you can begin to enjoy significant savings immediately.
LED is highly energy efficient – produces less heat while delivering more light, all at a lower cost. Today’s LEDs use less electricity for the same light output – 85% less electricity when compared to conventional lighting and around 18% less electricity than CFL. Worldwide, around 20% of electricity is consumed in lighting. LED can make a significant impact on your energy use. Savings ratchet up in areas such as security, where lights are left on for more extended periods. The average businesses have lamp posts and fixtures that run nearly 18+ hours a day. Businesses can make huge savings while being more green.
How Do You Calculate Savings from LEDs?
Using the following example, we can calculate the potential energy savings of switching to LED lighting. An incandescent bulb uses up to 10 times the energy of a LED lamp.
Interesting Fact: How much electricity do buildings use?
According to Energy.gov, the buildings sector accounts for about 76% of electricity use and 40% of all U. S. primary energy use and associated greenhouse gas (GHG) emissions, making it essential to reduce energy consumption in buildings to meet national energy and environmental challenges.
Lighting is a significant user of electricity. The Department of Consumer and Regulatory Affairs estimates that about 40 percent of all energy costs in a commercial establishment go towards the lighting electricity cost. Representing roughly $4,500 to $8,500 a year in energy spend for a 10,000-square-foot commercial space.
Traditional lighting options usually offer energy savings of between 15 and 25 percent, compared to commercial LED lighting. However, commercial LED lighting can offer energy savings of 65 to 80 percent.
So, some quick napkin math shows is that a typical commercial property of 10,000 square feet can cut its energy bills down to $1,237.50 – $2,227.50/yr by transitioning to LEDs.
Energy Cost Savings with Commercial LED Lighting
Switching to commercial LED lighting could save your business money. Energy costs on the lighting are one of the most significant expenses of commercial spaces.
There’s a reason why many commercial buildings have switched to LED lighting. According to the U.S. Department of Energy, LED lighting saves businesses more than $1 billion annually.
Traditional lighting options usually offer energy savings of between 15 and 25 percent, compared to commercial LED lighting. However, commercial LED lighting can offer energy savings of 65 to 80 percent.
If you have been looking for ways to save money and save money simultaneously, then look no further. A transition to LED lighting is going to save you thousands of dollars throughout the next couple of years.
Top Reasons For An LED Transition
- LED is less than 1/10th the cost of a conventional lamp.
- LED lamps are manufactured from a range of materials, including plastics, metals, and ceramics, which are all biodegradable and non-toxic.
- LED lamps are now available in a range of different designs, from standard to wall-mounted, so that you can find the right lighting solution for your business.
- Save energy and money with the latest technology.
- LED lamps can be used in any area of your business, from offices hallways to warehouse manufacturing floors, so you can save money on your lighting bill and reduce your carbon footprint.
- LED lamps are available in various colors so that they can be used in various applications.
- An incandescent bulb uses up to 10 times the energy of a LED lamp.
How Much Will LED Lighting Cost You?
Traditional lighting is an essential part of any facility, and while it offers a lot of benefits, it can also consume a lot of energy. Fortunately, LED lighting is a huge energy saver and can provide you with around 80% savings over some of the most energy inefficient lighting options.
How much is a transition going to cost you?
LED lamps are priced very competitively. You can find LED lamps from many different manufacturers. The cost of an average commercial LED fixture can range from $100 to $400. So for a building with 100 fixtures, you’d be looking at roughly ten thousand dollars. But with today’s utility rebates and incentive programs, many utilities are covering the cost for the transition allowing businesses to capture utility funds and 0% financing, so there’s no out-of-pocket cost.
If you’re interested in learning more about getting your business transitioned to LED lighting and seeing quick ROIs of <1yr in many cases, drop us a line at [email protected] to get the process started.
