Trends toward escalating energy prices in recent years have put into perspective the cost of doing business using outdated technology such as incandescent lighting. To outline the cost and energy savings attained by switching to efficient LED products, consider a restaurant that has committed itself to saving operating costs and helping to protect the environment.

First, let’s take a look at the old lighting system they employed. The restaurant used fifty 60 watt incandescent bulbs priced at $1.35 a piece with a useful life span of 1,500 working hours. You would have to replace the incandescent bulbs 40 times to equal the life span of one LED product, with this continual replacement costing about $50.00 per bulb, or $2,500 total.

With a new LED lighting system of an array of 1 watt, 3 watt, and 5 watt LED bulbs this business would save $160.00 in electricity costs per month, for annual energy savings of almost $2,000.00. The energy savings combined with lower replacement costs creates a total savings of over $22,000.00 over the useful working life of the LED products.

Don’t believe us? Our user-friendly Energy Savings Calculator will be up soon, so check back to see how much money you could save by switching to LED in your home or business.