Although once primarily known for indicators and traffic lights, white light LEDs, general lighting applications are today's most efficient and rapidly developing lighting technology.
LED bulbsare much more cost-effective than incandescent bulbs, where the return on investment is achieved in just a few months. LEDs are safer to use (not hot near insulation), they don't add stress to the air conditioner, you may never need to replace them, they won't flicker, and their light quality is more reliable and pleasant, they don't require a “warm-up” time; they're bright right away, and they don't contain hazardous chemicals like mercury. Enter your electricity rate, average light usage and the number of lights you want to change and in a second you'll know how much money you can expect to save with LED bulbs.
Because LED lights emit light in one direction, they can use light and energy more efficiently compared to other lighting products, such as incandescent lights and compact fluorescent (CFL) lamps. When measuring the amount of energy you can save with LED lights, you should also consider lumens, which is the amount of light or the level of brightness that lighting products can provide. If you changed your incandescent bulbs to compact fluorescent bulbs several years ago, you'll know how much upfront expense it entailed to save money on future electric bills. Think about how LED bulbs have changed in recent years (and how much the price has dropped).
You can see exactly how much you'll save per month or year by converting an incandescent bulb to an LED. An LED creates an instant light that is also dimmable, while a CFL must warm up for a few seconds before reaching its brightest level. But LED lights are also available in cooler shades of white and daylight, as well as dimmable and non-dimmable varieties. To understand how much money you can save by using LED lights, you first need to understand how kilowatt hours work.
One of the program's biggest incentives is the LED Modernization Incentive, where Victorian homes and businesses can upgrade some types of lighting fixtures to subsidized LED, or completely free in some cases. LED bulbs are efficient compared to traditional incandescent lighting or even fluorescent options. LED bulbs, on the other hand, will last you 20,000 hours, and some reportedly last up to 50,000 hours.