LED tape can save you money in a number of ways, here’s a little explanation as to how and why...
The initial cost of purchasing the LED tape lighting maybe more than purchasing standard light bulbs or fluorescent tubes, however there are other factors that you should take into account when looking at the financial benefits as the start-up cost is just a small part of the story.
Electricity is the main cost when running lighting to power it – financial benefits will come for the less electricity used.
There are cheaper lights to buy on the market than the LED tape such as Halogen bulbs and Incandescent tubes. However these are also more expensive to run. With these types of bulbs 90% of the energy is wasted on heat and actually on 10% is converted to light. This meaning the high amount of electricity used compared to actual output will always make these an expensive method of lighting.
LED’s on the other hand use very little electricity. 90% of their energy is used on useful light whereas only 10% is wasted on heat. This meaning LED’s use very little energy making the extremely cheap to run. The initial cost of purchasing the LED lights maybe higher but you can soon recoup your costs in no time at all depending on how little or often you use the LED lighting.
Life expectancy is the other major financial factor to consider. (The cost of replacing a bulb over a given period of time). The average life expectancy of filament bulbs is around 1000 hours. This meaning you will be often changing these, although the replacement cost is not that high, over a longer period of time say 10 years this will certainly add up.
The life expectancy of the LED tape lights is between 50,000 and 70,000 hours. Thus meaning that replacing the LED tape is virtually irrelevant as that amount of hours in real terms equates to around over 20 years.
The LED tape is less prone to accidental damage as it is not made out of glass or tubes. This is a fit and forget product. A waterproof IP67 version of the LED tape light is available.
The cost of LED’s has dramatically come down over the years due to the advanced LED technology making them for available for the mainstream and home market. The future predicted cost of LED’s is to be halved over the next 5 years due to the rapid rate of advancing LED technology. This making the LED products even more financially beneficial compared to comparison alternatives.