How much cheaper are LED bulbs?
Jul 05,2024
LED bulbs are generally more cost-effective than traditional incandescent bulbs in several ways:
Energy Efficiency: LED bulbs use up to 80-90% less energy than incandescent bulbs. This leads to significant savings on electricity bills over time.
Lifespan: LED bulbs last much longer, typically 15,000 to 25,000 hours compared to around 1,000 hours for incandescent bulbs. This reduces the frequency and cost of replacements.
Energy Cost: Assuming a rate of $0.12 per kWh, a 10W LED bulb (equivalent to a 60W incandescent bulb) used for 1,000 hours would cost $1.20, while the incandescent bulb would cost $7.20.
LED Bulb: $2-5 (bulb) + $30 (energy) = $32 - $35
In this example, LED bulbs could save you around $160-$170 over their lifetime.
Prev News:Are LED bulbs cheaper on electricity?
Next News:What are the pros and cons of LED light bulbs?
Energy Efficiency: LED bulbs use up to 80-90% less energy than incandescent bulbs. This leads to significant savings on electricity bills over time.
Lifespan: LED bulbs last much longer, typically 15,000 to 25,000 hours compared to around 1,000 hours for incandescent bulbs. This reduces the frequency and cost of replacements.
Cost Over Time: While LED bulbs have a higher initial cost, their long-term savings in energy and replacement costs make them cheaper in the long run.
Let's break it down with an example:
Initial Cost: An LED bulb might cost $2-5, whereas an incandescent bulb might cost $0.50-1.Energy Cost: Assuming a rate of $0.12 per kWh, a 10W LED bulb (equivalent to a 60W incandescent bulb) used for 1,000 hours would cost $1.20, while the incandescent bulb would cost $7.20.
Lifespan: Over 25,000 hours, you would need 25 incandescent bulbs (total cost $12.50 - $25) versus one LED bulb ($2-5).
Combining the costs:
Incandescent Bulb: $12.50 - $25 (bulbs) + $180 (energy) = $192.50 - $205LED Bulb: $2-5 (bulb) + $30 (energy) = $32 - $35
In this example, LED bulbs could save you around $160-$170 over their lifetime.
