LED Lights Last and That Will Save You Money
At first, it might not seem like LEDs are going to be a lucrative switch. They are more expensive than incandescent bulbs. But, as we become more familiar with LED technology, the prices are dropping.
What you really need to understand in terms of dollars saved, is that LEDs are more of a long term investment. So while the upfront sticker cost might be pricier, the payback time is worth it. For example, if you spent $15USD on a 60-Watt equivalent LED bulb, the payback will be within a couple of years.
At the end of the day, LEDs extensively outlast incandescent bulbs since they experience more of a decline than a sudden burn out. Some LED can last you two decades with average use before they begin to dim.
If you swapped only 1 light bulb to LED, it’s been predicted that you’ll reduce the amount of energy consumption 70-90 percent, saving you anywhere between $30USD and $80USD on your utilities over the course of the light bulb’s lifespan.