Energy Savings Formula:
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Definition: This calculator estimates the cost savings from upgrading to more energy-efficient light fixtures.
Purpose: It helps homeowners and businesses evaluate the financial benefits of lighting upgrades by comparing old and new fixture wattages.
The calculator uses the formula:
Where:
Explanation: The wattage difference represents power savings, multiplied by operating hours to get energy savings, then by rate for cost savings.
Details: Proper calculation helps justify lighting upgrades, forecast ROI, and make informed decisions about energy efficiency investments.
Tips: Enter wattages for both old and new fixtures, estimated annual operating hours, and your local electricity rate (default $0.12/kWh).
Q1: What if my new fixture uses more power?
A: The calculator will show negative savings, indicating increased costs from the upgrade.
Q2: How do I find my electricity rate?
A: Check your utility bill or contact your electricity provider for current rates.
Q3: Should I include all lights in one calculation?
A: For multiple identical fixtures, multiply the result by the quantity. For different fixtures, calculate each separately.
Q4: What time period does this represent?
A: The savings are for whatever time period your operating hours represent (e.g., annual savings if using annual hours).
Q5: Does this include maintenance savings?
A: No, this only calculates energy cost savings. LED fixtures typically have additional savings from longer lifespan.