Cost Difference Calculation:
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The cost difference calculation compares the total operating costs between fluorescent and LED lighting over a specified time period. It helps determine potential savings when switching to more energy-efficient LED lighting.
The calculator uses the following equation:
Where:
Explanation: The equation calculates the cumulative savings (or additional cost) of using LED lighting instead of fluorescent lighting over the specified time period.
Details: Comparing lighting costs helps businesses and homeowners make informed decisions about energy efficiency upgrades. While LED lights typically have higher upfront costs, they often provide significant long-term savings.
Tips: Enter the annual operating costs for both lighting types in USD and the time period in years. The calculator will show the total savings (or additional cost) over that period.
Q1: What costs should be included in the annual operating cost?
A: Include electricity costs, bulb replacement costs, and any maintenance costs for each lighting type.
Q2: How accurate are these calculations?
A: The calculation provides an estimate. Actual savings may vary based on usage patterns, electricity rate changes, and other factors.
Q3: What's the typical payback period for LED lighting?
A: Most LED installations pay for themselves in 1-3 years through energy savings, though this varies by application.
Q4: Do LED lights really last longer?
A: Yes, quality LED lights typically last 25,000-50,000 hours compared to 8,000-15,000 hours for fluorescents.
Q5: Are there other benefits to LED beyond cost savings?
A: Yes, LEDs offer better light quality, instant-on capability, no mercury content, and reduced heat output.