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When it comes to selecting the best lighting solution for your business, the obvious choice may be to use traditional light bulbs. However, a small investment in light-emitting diodes, better known as LEDs can not only help you save money on your electricity bill, but also benefit the environment. According to energystar.gov, LEDs produce light 90% more efficiently than traditional light bulbs and use about 75% less energy. Here are a few of the top advantages to using LED lighting for your business:
Although LEDs can be more expensive than traditional light bulbs, it pays off in the long run due to their long lifespan. The average LED last for a minimum of 50,000 hours or more, which is 40 times as long as an average light bulb. Less frequent bulb replacement results in lower maintenance costs in terms of labor and bulb replacement.
While traditional light bulbs waste most of the energy they consume creating heat, LEDs generally consume very low amounts of heat, making them much more energy efficient. They operate at 10 to 20 percent of the power required for traditional light bulbs of similar brightness, resulting in a decrease to the overall cost of your electric bill.
While LEDs cost about 2-3 times the amount of traditional light bulbs, their total cost savings is significant, making them a worthwhile investment. Energystar.govestimates an energy cost of $1.26 per year with an LED bulb in comparison to $6.02 per year with a traditional bulb. Your electric bill savings more than offset the cost of the LED bulb.
If you care about your carbon footprint, you will be happy to know that not only do LEDs use less energy, they also don’t contain the mercury you find in traditional light bulbs which can be toxic. LED bulbs can also be recycled, unlike some traditional light bulbs making them easier to dispose.
LED light bulbs are just one of many energy efficient solutions you can incorporate in your business. Another great option is switching your energy plan. At EnergyBot, we make it easy to find a better energy rate for your business.
Energy is a complex and ever-changing commodity. There are economic, political, and regulatory factors can drive prices up or down. Here are the primary factors that impact electricity prices:
If you live in a state with a deregulated gas market, like electricity you can choose the energy supplier and rate that is best for your business. When selecting the best option for your natural gas needs, here are a few things to keep in mind: