On average UK businesses use up to 35% of their electricity consumption just on lighting, so switching all lighting to an LED model can help companies to cut their fixed costs dramatically. Lighting bills can be reduced by up to 90% and a quick payback of the initial investment can be achieved thanks to the great energy efficiency of LED lighting.
A 20% cut in energy costs can represent the same bottom line benefit as a 5% increase in sales
LED’s are 20 times more energy efficient than incandescent bulbs and they only need a fraction of the energy to produce the same amount of light. In a short space of time LED lighting can save a considerable amount of money for companies of all sizes, and since they last for so long, the savings will only keep adding up each year.
The savings that you’ll make from your electricity bill will quickly cover the initial investment with 2.5 years being the average pay back period, and after that you’ll continue saving every year.
Average price of electricity = £0.15 KW/hour
1 halogen bulb 50W x 8 hours/day x 264 working days = £15.84/year
1 LED lamp 5W x 8 hours/day x 264 working days = £1.58/year
20 halogen bulbs = £316.8 per year
20 LED lamps = £31.68 per year
Changing 20 halogen bulbs for LED will save you £285 each year
Electricity prices have risen considerably in the past few years but experts predict that they could rise even more dramatically in the future due to the increasing demand and low resources, going from 15p to 25p.
You won’t have to worry about replacing lamps for a very long time because LED lamps have a lifespan of about 20 years and are more resistant to vibrations and shocks, which makes them more durable and difficult to break.
Switching all your lighting model to LED is one of the steps recommended by organizations like Carbon Trust to start lowering CO2 emissions while making impressive savings in your energy bill. LED lights will help your company to meet the increasing demands of legislation for appropriate energy use, lower your carbon output and help you reduce costs significantly.
Reducing your company’s carbon footprint will help your business to reduce costs, improve reputation and comply with the new environmental regulations
LEDs have at least 4 times less environmental impact through the course of their life-cycle than alternative lamp technology. Since they need use less energy, less electricity needs to be produced by coal, gas or nuclear plants.
LED lamps, ‘watt-for-watt’ are the the most energy efficient form of lighting, meaning that with only a fraction of energy they can produce more lumens-per-watt that the equivalent incandescent lamp.
Traditional lamps lose nearly 95% of energy in producing heat, while LED’s only waste around 5%. This not only means a huge amount of energy wasted, but also a higher use of air-conditioning.
LED lamps don’t contain pollutants like mercury, lead or glass found on any other types of bulbs and are therefore safer and can be recycled, producing less waste as a result.