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LED Flood Cost Savings Calculator

Savings Formula:

\[ \text{Savings} = \frac{(W_{\text{old}} - W_{\text{LED}}) \times \text{Hours} \times \text{Rate}}{1000} \]

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1. What is an LED Flood Cost Savings Calculator?

Definition: This calculator estimates the cost savings from replacing traditional floodlights with LED floodlights.

Purpose: It helps homeowners and businesses evaluate the financial benefits of switching to energy-efficient LED lighting.

2. How Does the Calculator Work?

The calculator uses the formula:

\[ \text{Savings} = \frac{(W_{\text{old}} - W_{\text{LED}}) \times \text{Hours} \times \text{Rate}}{1000} \]

Where:

Explanation: The difference in wattage multiplied by usage hours gives watt-hours saved, converted to kWh by dividing by 1000, then multiplied by the electricity rate.

3. Importance of LED Cost Savings Calculation

Details: Calculating potential savings helps justify the upfront cost of LED upgrades and demonstrates long-term financial benefits.

4. Using the Calculator

Tips: Enter the wattage of your current floodlight, the LED replacement wattage, daily usage hours, and your electricity rate (default $0.12/kWh).

5. Frequently Asked Questions (FAQ)

Q1: How accurate are these savings estimates?
A: Estimates are based on input values. Actual savings may vary based on real-world usage patterns and electricity rate changes.

Q2: What's a typical electricity rate?
A: The U.S. average is about $0.12/kWh, but check your utility bill for your exact rate.

Q3: Do LED lights really use that much less power?
A: Yes, LED floodlights typically use 50-80% less power than traditional halogen or HID floodlights.

Q4: Should I include all my lights in this calculation?
A: For total savings, calculate each light type separately then sum the results, as wattages may vary.

Q5: How often should I recalculate savings?
A: Recalculate if your usage patterns change or if electricity rates are adjusted.

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