Owning a business takes a lot of dedication, time, and money. Making money is typically a primary focus, but saving money is just as important to keep profit margins high and spending low. Monthly expenses on your commercial building are inescapable, but finding ways to cut down on these costs is a simple fix for high bills. There are many ways to do so, and replacing your traditional incandescent light bulbs with LED bulbs is one of them. Here’s how LED lights can save you money.
LED lights last significantly longer than their traditional counterparts. They can last up to 100,000 hours, or 11 years on average. These lights can cost more money upfront, but the purchase is well worth it in comparison to buying cheaper incandescent lights that last only 1,000 hours on average. Another benefit of LED lights is their durability, which keeps them intact in any environment, such as in a warehouse or in outdoor lighting for your retail store.
With the long life span of LED lights, you save money on not only the cost of replacement bulbs, but also maintenance. Having to replace a broken or burnt-out light isn’t always as easy as it seems. Commercial light fixtures, such as the ones on a high ceiling in an office building, can be hard to reach. LED flat-panel light fixtures and other commercial fixtures will require fewer maintenance costs thanks to their longevity and durability, keeping you from having to hire maintenance personnel as often.
Energy-efficiency is perhaps the largest way LED lights can save you money. LED lights use less energy per wattage than incandescent and halogen bulbs—as little as 20% of the energy that traditional bulbs use. This drastically lowers your energy consumption and electric bill. These lights also emit less heat, ultimately saving money on cooling. Plus, they take less time to turn on, reducing the amount of money and energy spent on warming up, and you can turn them on and off without decreasing their life span.
Saving money for business is just as important as making money. Switching to LED lights for their longevity, decrease maintenance, and energy efficiency are a few examples of how LED lights can save you money.