Copyright DingoLED.com 2012 - 2014

The below chart is to show the estimated time it will take for you to have actual savings based on various costs of electricity. Be aware we are not calculating and adding any taxes like gst or pst on the costs as these vary by province. So when these are added in it would slightly speed up your rate of savings.

We also have no way of knowing at what rate electricity prices will increase in the future. But I think we can all agree that prices can and will only go up.

We are only going to compare LED light bulbs to incandescent bulbs as we feel most people would rather not have a product containing mercury in their house that wasn't a necessity or replaceable.

For the purpose of this chart we are using a 1200 hour incandescent light bulb life span which is being very generous. 10c per kilowatt hour power charge is used in the first chart increasing to 15c in the second.

Intial Costs

After 1000 Hours Use

After 2400 Hours Use

After 3600 Hours Use

After 4800 Hours Use

After 30000 Hours

LED 10 Watt

Light Bulb

$16.95

$17.95

$19.35

$20.55

$21.75

$46.95

Incandescent 60 Watt

Light Bulb

$1.65

$7.65

$18.35

$27.20

$36.05

$221.25

Intial Costs

After 1000 Hours Use

After 2400 Hours Use

After 3600 Hours Use

After 4800 Hours Use

After 30000 Hours

LED 10 Watt

Light Bulb

$16.95

$18.05

$20.55

$22.35

$23.15

$61.95

Incandescent 60 Watt

Light Bulb

$1.65

$10.65

$24.90

$37.35

$49.80

$311.25

As you can see, break even is achieved late in the second year based on an average useage of 3 hours per day (1100 hours per year) per bulb. This will vary per household but is based on industry averages. You also need to take into account that not all light bulbs will last for the full 1200 or 30,000 hours.