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Efficiency
LED are extremely energy efficient and consume up to 90% less power than incandescent bulbs. Since LED use only a fraction of the energy of an incandescent light bulb there is a dramatic decrease in power costs. Also, money and energy is saved in maintenance and replacement costs due to the long LED lifespan.
Because of the low power usage of LEDs, they are becoming extremely popular for light sources in remote areas that use solar panels.
Although LEDs have a higher initial cost than incandescent and compact fluorescent light bulbs, the cost is quickly recouped over time in lower electricity costs.
Longevity
LEDs have a lifespan of up to 60,000 hours compared to 1,500 hours for incandescent bulbs. An LED light will last over 7 years (constant use) before needing replacement. On average, LED bulbs last 10 times as long as compact fluorescent bulbs, and 133 times longer than typical incandescent bulbs. Long lifespan of LEDs will dramatically reduce maintenance costs and lower long-term operating costs compared to traditional incandescent and fluorescent tubes.
LED lifespan scenarios:
- 50,000 hours powered 4 hours/day = 34 year lifespan
- 50,000 hours powered 8 hours/day = 17 year lifespan
- 50,000 hours powered 24 hours/day = 6 year lifespan
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