If you're like many Americans, you believe in the power of a good investment. You might have some money in the stock market or be willing to put down big money on a house you feel confident will rise in value later.
Having an investment mindset is just something that most financially-minded consumers have, whether they're fully conscious of it or not. And yet, far too many Americans fail to think this way when it comes to their electric bill.
Many people don't make the change to LED lights because of the initial high cost of the bulbs. However, the money you can save per month by switching to this more environmentally-friendly option is unbelievable. Read on and we'll walk you through everything you need to know.
What Are LED Light Bulbs?
If you're not familiar with the name LED light bulbs, you've at least probably seen them around. LED bulbs have been around for some time now, and they've only become a more and more popular option.
If you've seen the bulbs that have the twisty s-shape as opposed to the traditional round bulb? Yeah, that's the one we're talking about.
LED stands for light-emitting diode, and they are the most environmentally-friendly and sustainable lightbulb available to the average consumer. They offer a similar glow and feeling to the traditional incandescent bulb, but are more durable and use much less energy. That means good things for you (but more on that soon).
The light source in these bulbs is very, very small. It actually uses a mix of red, green, and blue light together to form the outward appearance of white, not that this will change your end-of-the-day experience with it.
These bulbs also get a lot less hot than traditional incandescent bulbs, making them safer to have around your home.
Investing in LED Bulbs for Your Home
If you've found yourself browsing light bulbs in a hardware store, you've probably noticed that most LED bulbs cost a fair share more than the more traditional options. The cost of these bulbs continues to go down, but they are still likely the most expensive choice on the shelf.
On average, you might be looking at somewhere in the ballpark of $5 per LED bulb. That's not a bank-buster, but it's certainly not the steal of the century either. If you're looking to replace every bulb in your house, it means the upfront cost might be fairly significant.
However, if you're willing to focus more on the long-term, you'll find that there are many great benefits that LED bulbs can offer. For one, these bulbs are insanely energy efficient. We're talking more than twice as effective as the traditional incandescent bulb.
They also have a much, much longer life cycle. A single LED light bulb should be able to last up to 25,000 hours. There some brands out there that claim their bulbs will last even longer. In comparison? A traditional incandescent bulb only last a measly 1,200 hours. That means you'll be changing it over twenty times in the time it will take one LED bulb to run out.
Already, that means you'll be saving a good chunk of money and a ton of time. That's not the only way you'll be making savings, however: wait until you see your electricity bill.
Looking At Your Energy Bill Savings
Many homeowners get their energy bill in the mail and don't take the time to fully understand what they are looking at. A better understanding at your bill can help you make the more responsible decision for your home.
First, understand that your electric bill is charged based on kilowatts used. Your bill is determined by charging you a certain amount of money per kilowatt of electricity used. Thus, it stands to reason that the best way you could save money, in the long run, is by using bulbs that use fewer kilowatts.
Enter The LED Bulb
They do the same work that higher wattage incandescent bulbs do at a much lower rate of required electricity. Most LED bulbs are 10 watts, while most incandescents are much higher. With LED bulbs in your home, you'll be using far less power.
That means you'll be receiving an energy bill with a much lower total. So yes, you will have to pay a little more upfront for these LED bulbs, but you'll be making a lot more back than that on the backend.
Of course, there are other factors you might want to consider. If you're new to the kind of light an LED bulb will provide, it may take you some getting used to. It might be worth replacing just a few bulbs in your home and seeing if you enjoy the change, at least before you commit fully.
However, if you do make the change to LED lights across your home? You can rest easy knowing you're making the most financially and environmentally responsible decision. Making the change can help save you money, there's definitely no question about that.
Change to LED Lights in Your Home Today
Is your electricity bill burning a hole in your pocket every month? It can be frustrating to look at a total and feel at a loss for how to get it down. Making the change to LED lights in your home can help to save you money and get these costs down.
Have more questions about finding the right LED lights for your home?
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