How to Save on Your Electrical Bill By Switching to LED Light Bulbs

How to Save on Your Electrical Bill By Switching to LED Light Bulbs

Switching to LED light bulbs is one of the easiest ways to reduce your electricity bill. LED bulbs are extremely energy efficient and long lasting. Replacing all of the bulbs in your home can lead to significant savings over time. Here's a comprehensive guide on how making the switch can save you money on your electrical bill.

Why LED Bulbs Save Electricity

LED (light emitting diode) bulbs are more energy efficient than traditional incandescent and CFL bulbs. They use up to 80% less energy than incandescents and up to 20% less than CFLs. Here's why:

The net result is that LEDs produce a similar light output as other bulbs while using far less electricity. This directly translates into lower energy bills.

Calculating Electricity Savings

The easiest way to calculate how much you'll save by switching to LEDs is to compare wattages. A typical 60W incandescent or 13W CFL can be replaced by an LED bulb using only 8-12W.

For example, by replacing a single 60W incandescent bulb with a 9W LED bulb, you would save 51W per hour. If used for 3 hours per day, that's 153W daily and over 50kW annually. At an electricity rate of $0.12 per kWh, that's $6 per year saved for just one bulb!

To figure your total savings, take the wattage difference for each replacement bulb and multiply it by your electricity rate and annual usage hours. The more high-use bulbs you switch, the more you'll save.

Cost Comparison of Bulb Types

While LED bulbs are more expensive upfront, their energy efficiency and long life make them cheaper over time. Here's a cost comparison:

So while LEDs have higher upfront costs, their energy efficiency makes them cheaper than incandescent and CFL bulbs over the lifetime of the bulb. Focus on replacing your most used bulbs first to maximize savings.

Additional Benefits of Switching to LEDs

Beyond monetary savings, transitioning to LED lighting provides these benefits:

Tips for Switching to LED Bulbs

Follow these tips to smoothly transition your home's lighting to energy efficient LED bulbs:

Make the Switch & Reap the Rewards

By replacing all of the inefficient incandescent and CFL bulbs in your fixtures with long-lasting, energy saving LEDs, you can realize significant savings on electricity costs over time. The LED bulbs may cost more initially, but will pay for themselves many times over through their energy efficiency and years of use. Making the switch can reduce your electrical bill by $100 or more per year, benefitting both your wallet and the environment.