Solid-State Lighting = LED
Solid state lighting refers to how light is created and specifically describes LED (light-emitting diode) and LED-related technologies. An LED is "solid state" because there are no moving parts or gases used to produce light. Click here to read more
Benefits of LED Lighting
Many owners and facility managers decide to transition from old-fashioned incandescent lights and fluorescent bulbs after they go over their recent utility bills. Shocked at the discovery of how much they are spending every month, stakeholders in these organizations look for ways they can immediately curb costs. LED lighting is appealing because of the profound cost savings that can be achieved after installation.
The annual savings realized through LED adoption in the United States are on the order of 143 BTU nationwide, which is equivalent to a reduction of approximately $1.4 billion, according to the Department of Energy, based on the latest available statistics. If all commercial and industrial applications switched to LEDs overnight, the savings would rise to 4,896 BTU, which is equivalent to $49 billion, noted the DOE.
At the level of individual companies, the amount you can save will vary based on several factors, including the number of fixtures, hours of usage, and the level of lighting needed. Generally speaking, though, an average 50,000 square foot commercial building spends about $45,000 a year on energy costs related to lighting each year. Imagine cutting that by up to 80%. What would that do to your bottom line?
Interested in learning exactly how much your building or property could be saving with a conversion to LED fixtures? Sign up for a professional lighting assessment from XtraLight today and we’ll provide a savings summary customized to your facility at no cost.