There are a select few individuals in this world who don’t worry about saving money. I don’t understand that mindset.  In my world, past, present, and future, every penny matters.  LEDs can help you save real dollars. Efficiency, productivity, and cost savings are top priorities for businesses and homeowners across the country.

LED (light-emitting diode) bulbs have gained significant popularity due to their long-term savings and the quality of light that is possible with LED. In this blog post, we will explore the financial benefits of LED light bulbs and help you understand how making the switch will save you money. 

Energy Efficiency: One of the primary reasons LED light bulbs are touted as money-savers is their energy efficiency. LED bulbs use significantly less electricity to produce the same amount of light as traditional incandescent bulbs. On average, LED bulbs consume 75-80% less energy. 

If a business operates 15 hours a day, 6 days a week and 52 weeks a year they would save $1,500 dollars per year in energy costs if they replaced one hundred 54-watt fluorescent light bulbs with LED based on the average cost per kilowatt which is $0.11.

1. Longest Lasting LEDs: LED bulbs, especially GoodBulb LEDs, have an insane lifespan when compared to traditional bulbs. While an incandescent bulb may last around 1,000 hours, an LED bulb can 25,000 hours and up to 100,000 hours.

2. Reduced Replacement Costs: The long lifespan of LED bulbs means that you don’t have to spend future money on replacement light bulbs. Longer life light bulbs reduce maintenance costs. Traditional bulbs burn out quickly or break, requiring multiple replacements. Time is money and if you own a business then you are paying someone to change light bulbs. GoodBulb LED bulbs are tougher than the competition which reduces the need for maintenance, saving you both time and money. 

3. Lower Cooling Costs: LED bulbs produce significantly less heat compared to traditional bulbs. This means that using LED bulbs will help reduce your cooling costs, particularly during the hot summer months. 

4. Dimming Capabilities: Many LED bulbs are dimmable, allowing you to adjust the lighting levels to suit your needs. By dimming the lights when full brightness is unnecessary, you can further reduce energy consumption and extend the lifespan of your LED bulbs.

5. Falling LED Prices: Over the years, the price of LED bulbs has significantly decreased, making them more affordable and accessible to homeowners. While the initial cost of LED bulbs may be higher than that of traditional bulbs, the long-term savings in energy consumption and replacement costs more than make up for the initial investment. Buyer beware, many brands are lowering costs by engineering defects and cheaper components into their products, shortening life hours of LED.

It is essential to note that the actual amount of money you will save by switching to LED bulbs depends on several factors, including the number of bulbs in your home or business. The hours they are used and the cost of electricity in your area. Numerous studies and real-world examples have shown that transitioning to LED lighting results in substantial long-term savings for business owners and homeowners. 

Contact us about the best LED for your home or business, get a hold of a lighting expert, aka Lumen Master, by clicking here.