It all depends on how many KW per month you will be spending on just lightings. I switched to LED lights 18 months ago, and could not be much happier, in terms of $$$ savings. My electricity rate plan dropped from tier 3 (the highest) all the way down to tier 1 (the lowest). Even I paid premium back then, in 2010, I got all my LED bulds paid off, by the savings in my electricity bill.
To compensate for the low light output, look for those bulbs with focus light beams, especially for overhead reading, counter top and etc, instead of the ones with diffuse (the light all spread out for the entire room) lighting. With focus beam, the area where you need the light is intense, a normal 4W bulb with ~100 lumen is more than enough for overhead reading. e.g. GE 75625 LED Bulb, 4W MR16 GU10 LED Bulb. To determine the efficiency of those LED bulb, just look at the base of the bulb, the more "fins" that go to the base, the less efficient it is, since those fins are designed for heat dissipation, which means the bulbs is wasting energy in producing heat.
I chose those from GE, which seemed to perform well and reliable, have not have any single one died yet.
It sounds like you could have saved a lot by switching to lower wattage, task specific incandescents, since it was more light than you needed. It’s hard to make a good comparison when all the variables change.
I’m glad you are happy with the results and appreciate your helping to bring those prices down.
I’m in the frequently overcast northwest so I’m not willing to cut my overall light levels to save money.
Another thing for people to consider is that if you live in a cold climate and have a well insulated house, your savings will be less, because you’ll be paying more for heating to make up for the cooler bulbs, if your heating source is electricity your savings will be next to nothing.
Great price, but the lumen output seems very low. They should be more efficient then this. They are using nearly the same energy as a CFL, that just does not make sense. A 7 watt should be around 600-700 lumens. Otherwise they just do not make too much sense. The whole point is energy conservation and if they use the same or more energy then a CFL and costs 5x the price and is still unproven long term, then i would wait. The price is decent though.
I havn't done all the math but my guess is that in most applications you will save more by waiting a couple more years for LED light prices to drop and efficiency to improve, than by overpaying now for a couple years worth of electricity savings.
Correct and right on the point. I am an early adopter so I am OK with the premium as long as I can get 800 lumen for less than $15. There are some deals occasionally. This is no where near a good deal.
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