Savings Formula:
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Definition: This calculator estimates the cost savings when switching from fluorescent lighting to LED lighting based on power consumption and usage.
Purpose: It helps homeowners and businesses evaluate the financial benefits of upgrading to energy-efficient LED lighting.
The calculator uses the formula:
Where:
Explanation: The difference in wattage is multiplied by usage hours and electricity rate, then divided by 1000 to convert to kilowatt-hours.
Details: Understanding potential savings helps justify the upfront cost of LED upgrades and demonstrates long-term financial benefits.
Tips: Enter the wattage of both lighting types, daily/annual usage hours, and your local electricity rate (default $0.12/kWh).
Q1: How accurate are these savings estimates?
A: Estimates are based on input values. Actual savings may vary with real-world usage patterns and electricity rate changes.
Q2: What's a typical LED wattage equivalent?
A: A 15W LED typically replaces a 32W fluorescent tube, but exact equivalents vary by product.
Q3: Should I include all lights in my calculation?
A: For whole-building estimates, calculate per fixture type and sum the results.
Q4: Does this include maintenance savings?
A: No, this only calculates energy savings. LEDs typically last longer, reducing replacement costs.
Q5: How do I find my electricity rate?
A: Check your utility bill for the cost per kilowatt-hour (kWh).