While the upfront cost of buying a light bulb should be whatever is stated on the box, the ‘lifetime cost’ must take into account the cost of running a bulb for its entire operational life. That is why a bulb that has a low sticker price may end up costing you more money in the long run than a bulb with a higher sticker price.
As well as the sticker Outdoor Lamps for sale price, there are two other costs associated with light bulbs: the replacement cost and the energy cost.
Replacement Cost
LED Bulbs have an operational life expectancy of between 30,000 and 50,000 hours. This is up to 10 times longer than a traditional incandescent bulb. Although the upfront cost of an incandescent bulb is only a paltry £2.00, the price of replacing that bulb ten times over will make the overall replacement cost £20.00. The most expensive LED Bulb costs about £13.00, but will last you for several years, which means you have already saved £7.00 in replacement costs.
Energy Cost
In order for a light bulb to work it must use electricity and, unfortunatley, electricity costs money. By that logic a bulb that uses less electricity will be more cost effective to run.
Energy companies charge for electricity on a kWh (kilowatt per hour) basis. A 60 watt bulb that runs for a single hour will use 0.06 kWh. If your energy company charges 15 pence per kWh, a 60 watt bulb will cost 0.9 pence to run for one hour. For 10 hours use a day this works out to 9 pence. For an entire year you will be paying £32.85.
An equivalent GU10 LED 6W Bulb only uses 6 watts, which means it runs at 0.006 kWh. The cost of running this bulb for 10 hours a day is 0.9 pence, and for an entire year £3.28.
As you can see the savings LED Bulbs offer overtime far outweigh the initial cost. Upgrade today and begin saving money.
It is worth mentioning that there are many different options for their to choose from various LED bulbs/lights and all of them are equally efficient and cost effective. Make sure you choose the one best suited to your requirements and fittings. For more advice keep reading.