23 Energy Cost Example 2 – 25,000 hours
Now we will compare the same lamps over a 25,000 hour period. Recall that the 100-watt incandescent lamp costs $1.20 to purchase and has an average lamp life of 1000 hours, while the 25-watt LED lamp costs $30.00 and lasts 25,000 hours. If the cost of energy is $0.09 per kilowatt-hour.
Determine the electrical cost of running each load for 25,000 hours.
Incandescent electrical cost:
LED electrical cost:
Factoring in the cost of the lamps and we can determine the total cost of each lighting system for 25,000 hours.
Incandescent total cost:
LED total cost:
While the LED has a high initial cost of $30.00, due to its extended lifespan it actually costs just as much as the incandescent lamps since we would need approximately 25 incandescent lamps for the 25,000 hour period. (25 x $1.20 = $30.00).
The LEDs massive savings in energy use and extended lifespan make it the preferred choice for lighting installations.