Energy Savings Formula:
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LED lighting energy savings refers to the cost savings achieved by replacing traditional lighting with more energy-efficient LED lighting. This calculator helps estimate the monetary savings based on power consumption differences and usage patterns.
The calculator uses the following equation:
Where:
Explanation: The equation calculates the difference in power consumption multiplied by usage time and electricity rate to determine cost savings.
Details: Calculating potential savings helps justify the investment in LED lighting, plan energy efficiency projects, and estimate return on investment.
Tips: Enter the wattage of your current lighting and the LED replacement, estimated hours of use, and your electricity rate. All values must be positive numbers.
Q1: How accurate is this calculator?
A: It provides a basic estimate. Actual savings may vary based on real-world conditions, dimming usage, and other factors.
Q2: What's the typical wattage difference between traditional and LED lighting?
A: LED lights typically use 75-80% less energy than incandescent bulbs for similar light output.
Q3: Should I include all lights in my calculation?
A: For whole-house calculations, sum the wattages of all lights being replaced and their total usage hours.
Q4: How do I find my electricity rate?
A: Check your utility bill for the cost per kilowatt-hour (kWh) in the charges section.
Q5: Are there other benefits to LED lighting beyond energy savings?
A: Yes, including longer lifespan, reduced heat output, and often better light quality.