28 Jun '11, 9pm

Startup targets max LED savings for minimal cost

Startup targets max LED savings for minimal cost

Consider, he says, a company that pays £0.09 per kilowatt-hour for electricity and keeps its lights on 70 hours a week. Each incandescent or halogen light bulb might consume around 175 kilowatt-hours of electricity per year, meaning an annual per-bulb cost of £15.75. However, an LED bulb can provide the same amount of illumination while consuming about one-tenth the energy … meaning a per-bulb cost of £1.58 per year. At an annual leasing price of £9.60 per LED, the arrangement more than pays for itself with immediately lower electricity prices, for a net savings of £4.57 per year per bulb. Spread that across a few hundred or a few thousand light bulbs in your average large business, and the appeal is obvious.

Full article: http://www.greenbang.com/startup-targets-max-led-savings-...

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