LED Lighting In The Billions. Yes, That Was BILLIONS.

It’s no secret that this industry has been in a bit of an upheaval over the last several years. The light emitting diode, or LED light, has really changed the face of commercial lighting options in [city] and throughout the world. What used to require expensive to run, clunky fixtures can be be upgraded to long-lasting, energy efficient options that produce just as much light while significantly reducing your power bill.

But how have these new fixture actually changed the market? Are they on their way to becoming the predominate options to flood our office buildings and warehouses with light? Is it just a matter of time before every parking lot in the country sports bulbs that get replaced on a schedule that spans decades rather than months or years?

Decreases In a Lot of Ways

As sales for LED lighting continue to go up, a lot of things related to it are actually going down. The cost of the fixtures have come down substantially across [city]. It now costs just a fraction of the former price to fill a warehouse with more energy efficient options. Beyond that, replacement fees have gone down because the bulbs themselves last so much longer. Many are rated for up to 100,000 hours of use.

Of course, energy bills also go down, since LEDs use about 75 percent less power than their fluorescent counterparts.

What’s Going Up

As far as LEDs are concerned, when the price and the cost of ownership go down, other things come up. In this case, it’s the sales numbers of the actual bulbs and fixtures. The benefits of the upgraded technology are so substantial for [city] businesses and organizations throughout the world that sales of LED bulbs are expected to top more than 10 billion worldwide between 2014 and 2023. In just a nine year period, there will be more LED fixtures sold than there are people on the earth. That is nothing to scoff at.

It’s More Than Just Sales. It’s A Shift.

Sales numbers are great, but they aren’t the most important thing to look at when you’re talking about LED products. If that many businesses and industries in [city] are voluntarily making the switch, there is something to be said about the strength of the product and its capabilities.

A paradigm shift of sorts is taking place in the world of lighting, and people from professionals to consumers are embracing the ability to light up brighter for less money in the long run. Business owners are voluntarily shelling out a little more up front to give themselves the opportunity to save over time. The fixtures pay for themselves usually within the first few years, and reductions in your lighting bill aren’t the only financial benefit. Power companies and local agencies offer refunds and rebates when you opt for energy efficient options like LEDs. Call your [city] energy company and find out what kind of perks they’re offering for taking some pressure off of the grid.

Billions For A Reason

It makes sense that [city] operations would opt for LEDs instead of traditional alternatives, and that has led to an overall growth of the technology that will continue in that direction until 2023. If you think the change could impact your organization, don’t hesitate to contact your [city] EEPros Lighting expert today for a complimentary audit.