How Much Can I Save With LED Lights?
One of the most common questions we get asked is “How much can I save with LED Lights?”. In general, it depends on multiple variables so there is no one true answer. However, by the end of this blog you will have a general idea of how LED lights save you money and how those savings are measured.
How Do LED Lights Save Me Money?
LED lights can save your company money in various ways such as maintenance savings but the most impactful is decreased energy usage. Energy used by light bulbs or fixtures is measured using Watts, these Watts or Ws are measured by your utility company as Kilowatt Hours or kWhs. Essentially, Kilowatt Hours is a measurement that equals 1,000 Watts used within an hour. Below is a short example highlight how Kwh is calculated for an LED light.
When you receive your utility bill, the utility company will measure your kWhs used during that billing period then multiply by the cost per kWh depending on your location. Therefore, if you reduce the Watts your lighting system is using, it will reduce your kWhs saving you money on your utility bill.
How Do You Measure Savings From Lighting Upgrades?
Now that we have covered how LED lights save you money, we can briefly discuss how savings are measured for lighting projects. LED lights save you money by reducing your kWh’s thus to understand how much you are saving; you must know your current energy usage and the projected usage after upgrading. For example, if your facility upgraded to LED and reduced its annual energy usage by 100,000 kWh and your utility rate is $.11 per kWh, you would be saving $11,000 each year.
Integra LED offers complimentary energy assessments that calculate all these metrics for you. Therefore, you can make an educated decision on your lighting upgrade and ensure that you will reduce your utility bill. If you are interested in seeing if LED lights are right for you, our complimentary assessment is an excellent way to do so! Fill out the short form below and one of our project managers will contact you to get started on your free assessment!