New year, new lights: How LEDs can save you money
As a business owner, saving money should be a constant priority, but establishing the best areas to cut costs without having a negative impact on business operations or employee happiness, is never easy. Cutting back on staff benefits, for example, may save money in the short term, but could make it harder to attract and retain the best talent in the future. Similarly, moving to a smaller premises is likely to bring the rent down, but might also make it harder to draw in new business.
The good news is businesses don’t have to make huge changes to save significant amounts of money – simply replacing the lighting can have a major impact on the bottom line. Lighting is such an everyday function but it’s efficiency is too often overlooked. Every day, staff arrive at work and flick the lights on, and the last person leaving at close of play switches them off again. Depending on the nature of your business, you may even leave the lights on constantly. But did you know that energy used by lights alone can make up approximately 20-50% of your electricity bill spend? This considered, converting your businesses lighting to LED bulbs can reap significant long-term savings.
The advantages of LED
- Energy-efficient – The directional nature of LED light emission enables lower energy consumption and higher efficiency, resulting in up to 90% less energy consumption than incandescent lighting (including halogen) and 60% less than traditional fluorescent lighting.
- Low maintenance – LED light bulbs typically have a lifespan of up to 50 times longer than traditional light bulbs. Therefore converting to LED has the potential to significantly reduce maintenance fees.
- Cool temperature – LEDs are cool to the touch because the bulk of energy is used to provide light, rather than being wasted through heat. This makes LEDs a particularly useful within temperature-sensitive environments.
- Resilient – LED bulbs are robust, resistant to shock and vibration, as well as able to perform reliably in cold temperatures.
By converting to LED lights, businesses are able to benefit not only from reduced power costs, less maintenance, and a reduced carbon footprint, but may also find employees to be happier and more productive – fluorescent lights are notorious for causing eye strain, but LED lights are more forgiving and eye-friendly due the fact they give off less UV radiation.
In businesses where lighting is kept on for long hours and bulb changes are frequent, an LED conversion can save many thousands of pounds per year. For example, a small business using a total of 111 halogen and fluorescent bulbs would use 109 Kwh of energy if left on permanently for 24 hours a day. Following conversion to LED, this energy usage would drastically drop by 85%, to just 16 Kwh, reducing running costs by more than £4,000. Furthermore, the increased lifespan offered by LED means that not only are running costs significantly reduced, but a further saving of circa £900 can be made over 4 years from reduced maintenance fees and replacement bulbs.
A full LED conversion can be achieved with very little disruption to your business – If you’d like free expert advice on converting your business’s lighting to LED, please contact us and we’ll be happy to help.
Charles Barnett Managing Director
Charles started Lyco in 1995 with just 4 enthusiastic employees and has grown it considerably over the past 25 years. Charles is also the Managing Director of Lighting Direct and newly acquired Online Lighting. He now has a team of 50 lighting experts working on growing Lyco Group to be the UK leader in lighting for both businesses and homes. Away from the office he is a keen cyclist and is proud to have cycled 1017 miles from Lands End to John O’Groats to raise money for a new residential centre for adults with multiple learning difficulties.