At a time when businesses need to be concentrated on weathering the storms of a continued uncertain energy market, then energy efficiency is a gift that just keeps on giving. In other words, creating a long term strategy to help offset the growing costs of energy will deliver reduced costs with benefits for years to come.
Energy efficient lighting will help you reduce your lighting bills by up to 80%, offsetting increased energy costs and saving your business money years down the line. So read on to find out how.
Return On Investment
Lighting accounts for 40% of total electricity costs, so companies who consider the savings rather than just the initial costs are the businesses who stand to win the most. As with all energy efficiency savings, the initial outlay can be off putting. But in a volatile energy market, taking the long view and investing in energy efficient lighting as soon as possible is the wiser choice. Payback on energy efficient lighting occurs within two years.
To find out how much you can save before taking the plunge, you should have an energy audit carried out. If you use a company such as http://www.plannedlighting.co.uk/ who specialise in lighting installation and supply, they will be able to advise you on the best energy efficient lighting products for your needs, as well as the payback and savings you’ll be making.
However, remember that your ROI will also depend on the size and type of facility the lights are being installed in, the amount of lights replaced, hours of operation, and the type of lights used. CFLs use 50 – 80% less energy than incandescent bulbs, while LED’s use around a third. So LED’s are generally more efficient than CFL’s or T5’s, but all energy efficient retrofits will deliver savings. 90% of the energy used in traditional bulbs is wasted in heat.
Improved Quality of Lighting and Reduced Maintenance Costs
Not only will you benefit from savings on electricity costs, you’ll benefit from better lighting. Brightness is measured in ‘lumens’ not watts for all energy efficient bulbs, and so a traditional 100 watt incandescent bulb is the equivalent to 1100 lumens. The energy used to produce this light however, is much less, and additionally LED lighting doesn’t ‘spread’ light, but is directional and shadow free with improved colour rendering capacity. And with the average lifespan of an LED light around 50,000 hours and a CFL 8,000 hours, then you also enjoy reduced maintenance and replacement costs.
Better For The Environment
Businesses are increasingly having to abide by carbon reduction regulations and consider the environment, for good reason. Investing in energy efficient lighting reduces your carbon emissions, slashing C02 output by 50 – 70%. Even replacing one single incandescent bulb with a CFL will keep over half a ton of carbon out of the atmosphere throughout the bulb’s lifespan. Neither will using LED’s contribute to any mercury toxicity and pollution – LED bulbs are entirely mercury free.
Wendy Lin is an entrepreneur and activist. She has worked on campaigns to fight gender inequality in the workplace as well as sustainable living feats.