Lighting Understanding for a More Efficient Nation

Are efficient light bulbs affordable? If so, how much can I save?

Are efficient light bulbs affordable? If so, how much can I save?

Question:

Are efficient light bulbs affordable? If so, how much can I save?

 

Answer:

While energy-efficient light bulbs may be more expensive compared to inefficient incandescents, they more than make up for those prices in lifetime savings.

The price you pay for old incandescent bulbs can be deceiving. Though it only costs about 50 cents to purchase the traditional bulbs, it costs over $7 a year to operate. But if you buy a halogen incandescent for $1.50 – you save about $3 over the lifetime. You get even greater savings if you buy a CFL in a multi-pack for $2.00 or less – saving up to $50 over the lifetime. Plus, LEDs will save you tons of money over their long, 25-year lifetime, especially when the volume of sales go up and the initial purchase price decreases.

Additionally, since lighting accounts for approximately 12% of the average household’s energy bill, more energy-efficient options will help consumers save money on utility bills.

Families can save between $50 and more than $100 a year by changing their bulbs.

Plus, there are more than 4 billion screw-based sockets in the U.S., which adds up to bill savings of more than $10 billion per year.

You can even take a look at projected state-by-state savings compiled by LUMEN Coalition members Appliance Standards Awareness Project (ASAP), the American Council for an Energy-Efficient Economy (ACEEE), and the National Resources Defense Council (NRDC).

Compare the costs and savings: Traditional incandescents, halogen incandescents and CFLs