Buying cheap incandescent light bulbs can seem like a bright idea compared to the pricier LED and CFL alternatives, but old incandescent bulbs use more energy and have a much shorter lifespan, which can drive up costs for utilities and maintenance. After all, there have been serious technological advances made since the days of Thomas Edison.
If you want to save money and use a more efficient lighting system, get out of the dark ages and look for some of the more high-tech options. LED lights in particular can save your home a bundle.
Saving money year after year
When they were first developed, LED lights were generally costly. A bulb could cost up to $40, according to an article on CNET published in 2010. That's a steep adjustment compared to the bargain brand $2 bulbs offered at hardware stores. However, LED options have become cheaper and more varied in design, especially if you're searching on the Web. Savvy consumers can find some of the most innovative light bulbs on sites like Amazon.com for as little as $10 for the ultimate in convenience and savings.
According to Energy.gov, LED lights save 75 to 80 percent of the energy used by incandescent bulbs. They're the most energy efficient and cutting edge lighting option available on the market, and the energy they save is just one benefit. They also last between 10 and 25 times longer than incandescent bulbs. That means purchasing fewer bulbs and wasting less time buying new bulbs.
Energy.gov reported that roughly 10 percent of a standard home electric bill goes to lighting. According to the report, that means 15 new LED lights could save homes up to $50 annually, and the most efficient bulbs could save hundreds of dollars over the course of their lifetime.
A greener option
Moreover, LED lights save energy, and because that small change could help the environment so much, many states have offered subsidy options for homes that pay to switch to the more efficient bulbs. A turnover to the newer bulbs is currently in the works. Energy Star announced that 20 million Energy Star-certified lamps were sold between Earth Day 2013 and 2014, and there are more initiatives to get consumers to use less energy while saving a little money, too.
The information in these articles is intended to provide guidance on the proper maintenance and care of systems and appliances in the home. Not all of the topics mentioned are covered by our home warranty or maintenance plans. Please review your home warranty contract carefully to understand your coverage.
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