LED Cost Savings Calculator

Energy Efficient LED Lights vs. Incandescent or Halogen

Easy to use, just fill in the left side with the bulb you are currently using and the specs for the LED bulb you want to replace it with.  Your energy cost is listed on your monthly electric bill and can be different than the default (Alberta average) of .08. If you are not sure keep it low and you will still be amazed with the savings.  If you replace your own bulbs put the labour cost at zero.  Click the calculate button and everything you need will fill in on the right side.

Note: When choosing your cost per kWh the most accurate number to use is the "fully burdened" cost per kWh.  ( not just the supply cost for the kWh but rather the cost per kWh charge factoring in ALL the line items on the bill.  Divide the total cost by the kWh units to get your true delivered cost.)

Current Bulb Wattage:  
Current Cost per Bulb: $
Current Bulb Hours:
Delivered kWh Cost: $
Number of Bulbs:  
LED Bulb Wattage:  
Cost of LED Bulb: $
Lifespan of LED Bulb:  hours
Hours per Day Usage:  
Labour Cost for Replacement: $
 
Investment Cost to Switch:
Return On Investment in Months:
New Bulb Replacement Cost: each
Current Energy Cost: month
Energy Cost using LED Bulb: month
Savings Based on Switching: month
Energy Savings Over the Life
of LED Bulb:
Labor Cost Savings:

Total Long Term Savings:

(total energy savings + extra labour cost + bulb replacement)

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