In the words of Sir Michael Caine (who’s apparently quite fed up with people saying this because he claims he never actually said it) “Not a lot of people know that” last week was Big Energy Saving Week in the UK. Big Energy Saving Week is a national campaign dedicated to helping people cut their fuel bills and get all the financial support they’re entitled to, and why it wasn’t top of the national headlines between Jan 18-24 is anyone’s guess. It’s not like anything important has been happening, is it?! 😊
So, in belated honour of Big Energy Saving Week, we thought this would be the perfect opportunity to remind you how money-saving LED can slash your bills and save you bucket-loads of money. That feels more important than ever now it’s winter, the long dark nights are creeping in earlier, and most of us are using our domestic lights more often because we’re locked down at home.
How will LED light bulbs save you money?
LED bulbs can save you a lot of money for two important reasons:
- They require much less electricity than traditional incandescent bulbs, halogen light bulbs, or energy-efficient compact fluorescent lamps (CFLs.)
- They have a much longer lifespan than their incandescent, halogen, or CFL competition.
Let’s do the math
Unfortunately, a few people are still put off by the perceived expense of replacing their traditional, short-lived, energy-guzzling incandescent bulbs with only marginally more costly LED. But it’s not just the initial cost they should be thinking about. It doesn’t matter whether you’re replacing incandescent’s, halogen’s, or other energy-friendly bulbs like CFLs with LEDs, you’ll still make a handsome return on your initial investment. In most cases, you’ll start seeing that return immediately. If not immediately, you’ll definitely notice a significant return over the LED’s lifetime.
A 6-watt LED bulb is equivalent to a 60-watt incandescent or a 14-watt fluorescent.
Even though the older style bulbs are cheaper to buy, an incandescent will only last about 1,200 hours before it has to be replaced. The average lifespan of an LED bulb is 60,000 hours, which is approximately fifty times longer. That’s fifty incandescent bulbs you’d need to buy to match the lifetime of a single LED bulb… now that older style bulb doesn’t seem like such a good bargain, does it?
As far as your energy bills are concerned, a 60-watt incandescent is also going to use a great deal more electricity than a 6-watt LED. As a very approximate rule, if a 60-watt incandescent bulb were capable of lasting 60,000 hours (which it isn’t), it would cost you around £700 in energy. On the other hand, a 6-watt LED costs around £80 in energy. Even when you factor in the extra cost of the LED bulb (which is a lot cheaper now than it used to be), that’s still a saving of £600 or more when you switch to LED, and you won’t have the expense and inconvenience of buying the fifty incandescent bulbs required to match the single LED’s lifetime (which would easily be £50-£100, meaning the LED bulb has paid for itself!)
Or let’s look at it this way (and please remember this is just an approximate example): if you have 15 incandescent bulbs in your home and you use them over 60,000 hours, that would cost you in the region of £12,000. Using 15 comparable LED bulbs in your home over 60,000 hours would cost approximately £1,300. That’s a whopping £10,700 saving!
Something else to think about
LED lighting won’t just reduce your energy bills; it will also reduce your CO2 emissions and give you a much smaller carbon footprint.
Because recent figures indicate that 22% of the total electricity generated in the UK is used for lighting, switching to LED lighting will help to reduce both national electrical consumption and the volume of chemicals released into the atmosphere which are adding to climate change.
How many more reasons do you need to switch to LED?
If you can think of any, let us know, and we’ll do our very best to answer them!
We’re always here to help
Even though our shop is still closed due to the national lockdown, our friendly expert team are always at the end of a telephone or an email! Whatever we can help you with, whether it’s placing an order, answering questions about our products, sourcing specialist lighting products for you that we don’t currently stock, or telling you more about how Oliver Lamps’ LED lighting can help save you money, energy, and be more environmentally friendly, don’t hesitate to give us a call on 01328 855028, drop us an email at [email protected], or get in touch via the contact form on our website.
Stay safe and see you again next month!
PS. Just in case you’re interested, the Big Energy Saving Week website is here: https://bigenergysavingwinter.org.uk/