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The lifetime cost of LED bulbs
The first thing you need to realize about thelifetimecost of LEDs is that they are VERY energy efficient, as in80% moreefficient than incandescent bulbs. So, a 10 wattLEDbulb is equivalent to a 60-watt incandescent bulb.But,lighting your home is more than the cost ofyourbulbs.
Similarly, do LED bulbs really save money?
According to the math above, the monthly usagesavingsfor a single bulb is $1.25. So most people will beable torecoup the cost of a new LED bulb in just over threemonths.In addition to saving money, LEDs can save youtime— with fewer trips to the store and up the ladder. Theylastabout 25,000 hours.
| Incandescent | LED | |
|---|---|---|
| Watts used | 60W | 10W |
| No. of bulbs needed for 25,000 hours of use | 21 | 1 |
| Total purchase price of bulbs over 23 years | $21 | $8 |
| Total cost of electricity used (25,000 hours at $0.12perkWh) | $180 | $30 |
People also ask, are LED lights better?
The light-emitting diode (LED) is oneoftoday's most energy-efficient andrapidly-developinglighting technologies. Quality LEDlight bulbs lastlonger, are more durable, and offer comparableor betterlight quality than other types oflighting.
If you used a bulb for just two hours adayand paid the national average of 11.5 cents perkilowatthour, a single 12-watt LED will cost youabout $1 peryear. Comparable CFLs that consume about 14 watts cometo $1.17 peryear and about $5 a year for 60-watt incandescents inthatscenario. (See formula.)