Modern efficiency standards for incandescent and fluorescent lights in the U.S. have dictated that the traditional non-reflector 40-watt, 60-watt, 75-watt and 100-watt bulbs be phased out gradually. The Energy Independence and Security Act of 2007 required that less efficient bulbs be phased out starting with 100-watt bulbs in 2012, 75-watt bulbs in 2013 and 60-watt and 40-watt bulbs in 2014. In addition, manufacturers like General Electric and others began moving away from compact fluorescent bulbs in favor of more efficient lighting.
Why choose LED lighting?
As the main alternative to incandescent and fluorescent lights, LED lights have already found their way into many businesses. The global LED lighting market size, valued at 54 billion in 2019, is expected to expand an additional 15% within the next decade. Energy saving and conserving our energy resources have become paramount in ensuring the viability of the earth’s resources. Traditional lights at one time consumed 15 – 20% of the world’s electricity and produced 5% of global greenhouse gas emissions; hence, the move to accelerate the global transition to LED lighting, which could reduce the world’s energy consumption from lighting in half. As the costs decline and stricter regulations of inefficient lighting technologies, such as EISA, companies are finding that it makes sense to use LEDs. The usage of LED lights in your business is beneficial from a variety of angles.
Energy Savings with LED Retrofit
The biggest advantage is the energy savings that is produced by LED lighting. Although many are now aware of this drastic cost savings, many businesses are surprised at the fact that a LED light uses up to 80% less than a normal incandescent or halogen bulb. Businesses actually have control over their energy expenditure and the savings from a LED industrial lighting upgrade can be used for many other business priorities.
Maintenance Free Commercial Lighting
Maintenance costs on LED light bulbs are nearly non-existent and you will hardly ever have to change a light bulb. LED light bulbs have a lifespan of around 10-15 years based on an average of 10 hours of usage per day. Even after 50,000 hours, LED light bulbs only lose a part of their luminance and do not totally burn out as with incandescent and fluorescent light bulbs. They are also made with durable materials and circuitry that have the added advantage that you will rarely break a bulb.
LED Lighting is Safer
LED light bulbs are definitely the responsible choice when it comes to choosing a lighting source. It contains no mercury unlike other alternative sources on the market. The closest source to LED’s, compact fluorescent lamps (CFL’s), contains mercury and can leak deadly compounds into the air and water supplies. The other type of contamination that occurs are the landfills and people that get exposed to mercury will experience a lower quality of life due to kidney problems, brain & liver functionality issues and is also linked to memory loss. LED lights do not emit UV light that can have detrimental effects on our skin.
LEDs Improve Productivity
The fact is that LED light is brighter and cooler than incandescent, halogen and fluorescent light. This will have a positive effect on your workforce, as they will experience less fatigue when working long hours under LED light. This is mainly due to lessened eye strain. It is reported that workers that work under LED lights show an increase of up to 8% in productivity levels at their place of work. Additionally, workers can spend less time changing less efficient bulbs and more time on more worthwhile projects.
Potential Tax Savings & Rebates with LED Lighting
Upgrades can be depreciated over time and qualify as capital improvements depending on how you financed your LED lighting upgrade. Another option is to claim it as a capital improvement straight-line expense. Your tax advisor will have the right answers regarding tax savings when upgrading to LED lighting. Many electricity providers also offer rebate programs to encourage energy-efficient lighting retrofit projects. These rebates will assist in recovering your initial LED upgrade.
Ultravision is the best choice for your lighting retrofit project
Want to know more about saving money with a commercial LED retrofit? Ultravision has the answers and lighting solutions to help your business save on energy costs, have a safer and brighter work location, and improve employee productivity. Contact us today for a no-risk analysis of your business lighting.