Did you know Valentine’s day and LEDs have so much in common?
With hundreds of types and styles of LEDs in the world, today make sure you’re 100% on point with all LEDs.
Ok, so what’s the LED Valentine’s gig here?
The Energy Department states that a single-family home has an average of 85 lights and uses an average of 8 hours per day when calculating the lifespans of bulbs over time. Let’s do the math:
The average LED and Incandescent bulb is roughly the same at $1.50/bulb depending on where, multi-pack pricing, time of year, etc.
The average life span of an incandescent and LED bulb is 1,000 hours and 15,000 hours respectively.
Based on the above the average incandescent lifespan is 125 days whereas an LED is 5 years, which means that incandescent bulbs will be replaced 14.6 times over the first lifespan of their LED counterpart for 5 years.
Here’s the kicker!!! If you do the math over the LED’s 5-year lifespan at an average 3.8% inflation rate (so that’s what they all say 😉) those incandescents will cost you 15 times more than your LEDs or about $3,000! But more likely somewhere between $4,000 to $5,000.
So now, what do Valentines and LEDs have in common? Really nothing.
From all of us at Diversified Energy…. Happy Valentines!!!!