Monday, July 09, 2018 9:06:24 AM
With the increasing cost of electricity is there in long-term for REAP in the Led lightning innovation business much revenue to expect!
Thanks for the calculation Prime77 posting 11965
Here goes...let's say you have facility with 100 compact fluorescent lamps with each lamp rated at 40 watts (0.04 kilowatts), each lamp operate for 8 hours per day, 365 days per year. So that is 0.04kw*100 lamps* 8 hours * 365 days = 11680 kWh .
LED lamps rated at 15 watts (0.015 kilowatts) .so that is 0.015kw* 100 LED lamps* 8 hours *365 days =4380 kWh .
Let say you pay 0.2 cents per kWh.
LED would be 0.2cents *4380 kWh = $876
Fluorescent lamp would be 0.2 cents * 11680 kWh =$ 2,336
Savings = 2,336-876 = $1,460
That's real data plus carbon footprint
If you take a much bigger facility and the lights operate for 18 or 24 hours per day then the savings are much higher and my numbers are conservative as well. That's the potential of this company with LED lighting. Its great!
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