MR16 HALOGEN
There are 3 components to saving money with LED light products:
CALCULATE YOUR SAVINGS PLEASE USE OUR INTERACTIVE CALCULATORS BELOW
1). Reduction in energy ussage (Kw-H)
Replacing a MR16 50W halogen bulb with a 9.8W LED saves 40.2W
Watts | 40.2 |
KW-H Rate ($) | 0.12 |
Hours / Day | 18 |
Days / Year | 365 |
Savings / Year ($) | 31.69 |
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2). Reduction in material costs of existing product
A 50W MR16 Halogen bulb ($4) is rated to last 8,000.
Bulb | |
Rated Hours | 8000 |
Hours / Day | 18 |
Days / Year | 365 |
Cost ($) | 18 |
Savings / Year ($) | 10.51 |
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3). Reduction in labor costs to replace existing products
It takes 5 minutes, ($35/hr) to replace a typical MR16 bulb (total $2.91).
Bulb Labor | |
Rated Hours | 8000 |
Hours / Day | 18 |
Days / Year | 365 |
Labor Rate ($) | 2.91 |
Savings / Year ($) | 3.39 |
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Annual Savings ($) | 37.37 |
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LED Life
The Green Lumens LED retrofit is rated to last 50,000 hours
Hours / Day | 18 |
Days / Year | 365 |
Years | 4.57 |
Savings over life of Green Lumens® LED from retrofitting existing 50W Halogen: | 284.39 |
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Cost of Goods ($) | 60 |
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Payback Years | 1.61 |
ROI $* | 224.39 |