LED Cost Savings 20W Halogen

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Energy Savings Analysis:
Existing Bult Wattage: 20
Unit Cost of Current Bulb: $6.25
Number of Bulbs In Use: 30
Lifetime of Existing Bulb(Hours): 8750

LED Replacement Bulb
LED Replacement Wattage: 3
Unit Cost of LED Bulb: $28.00
Number of LED Bulbs to be Used: 30
Lifetime of LED Bulb (Hours) 40,000

Average kWh Rate: $.13
Average Daily Bulb Usage: 24

Energy Savings Estimate
Investment for LED Replacement $262.50
Current Electric Cost Per Month: $56.16
Electric Cost Using LEDs Per Month: $8.42
Energy Savings Per Month: $47.74
Total Energy Savings: $2,652
Total Bulb Replacement Savings: $407.14
Break-even Point 5.5 Months
Total Savings using LED Bulbs: $3,059.14
Return on Investment: 1065.39%
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