OUTDOOR PARKING LOT

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 400W metal halide bulb and 60W ballast, with a 150W LED saves 310W

Watts310
KW-H Rate ($)0.12
Hours / Day10
Days / Year365
Savings / Year ($)135.78

2). Reduction in material costs of existing product

A 400W metal halide bulb ($28) is rated to last 20,000 hours.
A 400W metal halide ballast ($60) is rated to last 40,000 hours.

BulbBallast
Rated Hours2000040000
Hours / Day1010
Days / Year365365
Cost ($)2860
Savings / Year ($)5.115.48

3). Reduction in labor costs to replace existing products

It takes 1 billable hour ($65) + a bucket truck ($50) to replace a typical parking lot bulb.

Bulb LaborBallast Labor
Rated Hours2000040000
Hours / Day1010
Days / Year365365
Labor Rate ($)115115
Savings / Year ($)20.9910.49
Annual Savings ($)177.85

LED Life

The Green Lumens LED retrofit is rated to last 70,000 hours

Hours / Day10
Days / Year365
Years19.18
Savings over life of Green Lumens® LED
from Retrofitting existing 400W MH ($)
3410.75
Cost of Goods ($)400
Payback Yearsr2.25
ROI $*3010.75