LED lightbulbs are one of the best ways to save money each month. Whether you’re a business or a homeowner, there are so many important benefits to be had with LED lights.
Many people have been doing LED retrofitting to cut down on their energy costs. With their ability to save energy and money, they’re quickly becoming a standard in the world of lighting.
Want to know just how an LED retrofit can benefit you? Let’s look at the many money-saving benefits to be had.
1. Save on Energy
Energy efficiency is one of the best ways to save money on your energy bill each month.
LED lightbulbs are much more efficient than incandescent. On average, an incandescent bulb uses around 60 watts of energy. In comparison, an LED bulb uses just 10 watts of energy.
By using fewer watts, LED bulbs save on energy, which in turn saves you money at the end of the month. A great way to estimate how much you’ll save is by using a simple formula.
Take the number of kilowatts used by the bulb and multiply this by the number of hours the bulb will be on for in an average year. This will give you the kilowatts per hour or energy consumption of that bulb.
Compare the numbers of the incandescent bulb and the LED bulb and you’ll see just how beneficial LED retrofit kits can be.
2. Save on Bulb Changes
An incandescent bulb can last around 1,000 hours, whereas an LED bulb lasts for around 25,000 hours. To put that into perspective, a year has 8760 hours, meaning that an LED lightbulb can last for a few years.
This also means that you’ll have to replace your lightbulbs far less if they’re LED than if they’re incandescent. Changing lightbulbs less often means that you’ll spend less money on them overall.
In fact, LED retrofit light kits can make changing your bulbs over even easier. Not only are they a one-size-fits-all option, but they’re also fully customizable. This means that you can get the color and type that you want for an affordable price.
3. Upfront Cost
As with any lightbulb, there’s an upfront cost to buy it. However, an LED lightbulb offers an amazing payoff that other types can’t offer.
While they might be a little more expensive than other types, they pay for themselves many times over in their energy savings and long lifespan. You’ll be saving significantly on your energy bill each month as well as not having to buy replacement lightbulbs frequently.
It’s Time to Invest in LED Retrofitting
These three money-saving facts about LED lightbulbs show how useful they are. It’s fitting for individuals and businesses alike to invest in LED retrofitting. It can save you more money than you’d expect while being a great choice for helping the environment.
Taking some time to figure out how they can be beneficial for you can help you cut back on costs.
Did you enjoy this article on tips for helping you to save money in your home? Check out our other articles on home topics!
