LEDs are ‘quickest way’ for firms to save energy14th May 2014
A new report has suggested that adopting light emitting diode (LED) light bulbs would be the quickest and simplest way for firms to cut back on their energy expenditure.
This is according to the Carbon Trust, which revealed electricity costs have doubled for businesses over the last ten years, BBC News reports.
Director of implementation at the body Myles McCarthy highlighted the advantages of embracing this form of energy-saving light bulb, stating a typical 60 watt incandescent bulb would produce up to 1,000 lumens.
However, the overwhelming majority (95 per cent) of the energy that is used would be wasted in heat, meaning it is a far from efficient option.
He pointed out that modern LED lights are actually noticeably more thermally efficient.
Mr McCarthy added that the return on an investment in LED lighting is anywhere between one and three years.
The director cited one client who spent as much as £74,000 on this form of lighting, which yielded a 74 per cent lighting energy reduction, amounting to £33,000 worth of savings annually.
"This is why we've seen considerable investment in LED in recent years," he commented.
A report from the Energy Saving Trust earlier this year revealed that as many as one in three households were now choosing to buy LED light bulbs.
The lion's share (70 per cent) of these people stated their cost and energy efficiency was why they opted for them when they needed to replace their lights.
Even though the UK did not feature in the top five list of European countries that were espousing this form of energy-saving bulb, it came in one percentage point above the average of 32 per cent.
Sweden was top with 46 per cent, while Australia and Portugal tied for second place with 45 per cent.
LEDs can offer as much as 85 per cent savings to your energy bill. Have a look at some of our products here.
Pat Stevenson: One thing's for sure, energy prices are going through the roof.
Jake Burgess: I've found LEDs are making a difference, you've just got to bite the bullet and make the switch.
Angela Parsons: Do businesses even care about saving the environment? Surely they're only interested in making as much money as possible.
Posted by The EnerGenie