Yes, it sounds like an exaggeration, but it’s true and only part of the savings you’ll continue to enjoy. On top of getting the LED conversion kits at absolutely no cost, you will save money on your power bill every month, forever, and dramatically reduce your maintenance costs. This is how it works:
- HID bulbs operate at 400 watts. The LED lights operate at 160 watts. The power reduction per light is 240 watts, or 60% less power.
- The average kWh (1000 watts for 1 hour) commercial cost with delivery charge in the U.S. is approximately $0.13. At 400 watts, an HID bulb costs $52 per 1000 hours. At 160 watts, an LED light costs $20.80 per 1000 hours, a savings of $31.20 per 1000 hours.
- A single light operates approximately 4,000 hours per year so the yearly power cost savings by using an LED light rather than an HID bulb is $124.80 per light ($31.20 x 4).
- Your monthly lease cost is 80% of your total saving – which means that in addition to receiving the LED conversion kits at absolutely no cost, you continue to save 20% of your existing power bill – and as LED lights lifespan generally exceeds 50,000 hours, at 4,000 hours per year you have no replacement cost for some eleven years.