Savings Formula:
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Definition: This calculator estimates the cost savings from switching from traditional light bulbs to energy-efficient LED bulbs.
Purpose: It helps homeowners and businesses understand the financial benefits of upgrading to LED lighting.
The calculator uses the formula:
Where:
Explanation: The difference in wattage multiplied by usage hours and electricity rate, divided by 1000 to convert to kWh.
Details: Understanding potential savings helps justify the initial investment in LED bulbs and demonstrates long-term cost benefits.
Tips: Enter the wattage of your current bulb (default 60W), LED bulb wattage (default 9W), daily usage hours (default 8), and your electricity rate (default $0.12/kWh).
Q1: How accurate are these savings estimates?
A: Estimates are based on input values. Actual savings may vary based on bulb quality, temperature, and usage patterns.
Q2: What's the typical wattage difference?
A: A 60W incandescent can typically be replaced by a 9-12W LED with similar brightness.
Q3: How do I find my electricity rate?
A: Check your utility bill - it's usually listed as the cost per kilowatt-hour (kWh).
Q4: Should I consider bulb lifespan in savings?
A: Yes, LEDs last much longer (typically 25,000+ hours vs 1,000 for incandescent), adding to long-term savings.
Q5: Can I calculate annual savings?
A: Multiply daily savings by 365, or adjust the hours to reflect annual usage.