How using LED lights can save money for companies

Running a successful company goes beyond dedication and grit. It also comes down to the finer details concerning employee well-being and business operations daily, such as making smart workplace lighting choices. LED lights have been contributing to major savings for businesses with their low energy consumption and long service lives. Along with LED iBond’s lighting innovations, bulbs can also be replaced in seconds. With energy-efficient LED lighting, companies are not only saving in operational costs but also increasing revenue with improved employee performance and higher productivity. Read on to learn more about the industries that are benefiting from LED technology today.

 

In recent years, companies across industries have begun to realize the benefits of LED technology compared to traditional lighting solutions and swiftly made the change to fulfill both their indoor and outdoor illumination needs with LEDs.

Compared to incandescent and fluorescent lights, LED technology carries a host of advantages. The main ones are its low power consumption, long service life, and omnidirectional beams. This is pleasing to business owners, for the use of LEDs means reduced energy consumption, lower bulb replacement rates, a quicker bulb replacement speed, improved workplace performance, and increased business productivity, all of which leads to money saved.

Reduced energy consumption

Perhaps one of the biggest advantages of LED lights is their low energy consumption, which directly translates to a lowered electricity bill for employers. Out of the vast array of lighting solutions available on the market, LED lights consume the least power and are considered by many to be the ‘greenest’ solution.

On average, LED technology uses a lot less energy per lumen. For example, to produce the same brightness level, a typical LED bulb uses about 6 times less energy than a typical incandescent bulb and nearly 1.5 times less energy than a fluorescent bulb. Businesses can benefit hugely from using energy-efficient lighting if they want to save money. This is especially true for large-scale companies that rent entire office floors or even multiple floors of a building and always have hundreds of lights in operation.

In the retail and hospitality industries, where ambient, accent, and task lighting are always kept on for functional and aesthetic purposes, energy-efficient LED lighting can also greatly reduce a corporation’s monthly electricity bills.

 

Lower bulb replacement rates

There may be hesitance in using LED lights for business because of their high initial cost. An LED bulb at the hardware store may cost twice as much as a fluorescent one and four times as much as an incandescent one. However, the use of LED lights for business purposes remains popular because of the much lower bulb replacement rates of LED than those traditional lighting solutions. Simply put, LED lights last longer and therefore have to be replaced less frequently.

The average LED bulb on the market has a service life of 50,000 hours, which is impressive compared to the incandescent bulb’s measly 1,500 and the fluorescent bulb’s 15,000. To put this into perspective, 50,000 hours translates to 6 years of continuous use, while 1,500 hours is roughly 2 months, and 15,000 hours is just under 2 years. From here, it is easy to see that in the long run, LED bulbs cost considerably less money than other lighting options.

Here at LED iBond, our LED lights have a service life of over 100,000 hours thanks to our patented ‘sandwich’ system with superior thermal management. This means that an LED bulb, even when used continuously, will not have to be replaced for about 12 years. For the typical 9-5 office that tends not to leave its lights on all the time, our bulbs can be in use without replacement for more than 2 decades when maintained well.

 

Quicker bulb replacement speed

Low bulb replacement rates are favorable anywhere, but especially in transitional spaces such as elevators that will put a business’s operational capacity to a grinding halt should their lights go out. This is when a quick bulb replacement speed is just as important, as employees and automated processes cannot function in the dark, which will lead to interrupted services and a loss of revenue.

LED iBond’s replacement concept Everly allows users to replace individual LEDs in a matter of seconds. Using Everly, the LED light is mounted on a plug fitted in our patented 6mm lighting panel. In times of need, such as when the LED light wears out or is vandalized, it can be unplugged with a special tool and swiftly replaced without additional tools and extra effort.

Another advantage of Everly is that the LED lights it houses can be replaced without purchasing an entirely new lighting fixture. This not only helps companies save money but is also environmentally friendly as it helps reduce waste.

Everly has been tried and tested in a one-component elevator ceiling. Requiring only one cable has a relatively simple installation process that cuts back on installation costs while increasing operational efficiency. With the use of this replacement concept, combined with the long service life of LEDs, maintenance times and fees are greatly reduced. This allows for business operations to flow smoothly without putting a stopper on revenue.

 

Improved workplace performance

LED technology also makes for the perfect business lighting solution as it stimulates high productivity and improved performance in human employees, automated machines, and even growing plants. This is due to its unique benefit of focused beams and great color rendering capacity, which is not present in other lighting solutions.

LEDs are equipped with consistent and omnidirectional beams. Traditional lighting solutions can only emit light in 360 degrees and are prone to degeneration of light quality over time. On the other hand, LEDs are capable of focusing their beams to illuminate only the required areas, with consistent brightness over time.

This means that with LED lights, companies will not need to spend extra money buying reflectors and visors for uncontrolled light streams, nor will they need to replace light bulbs frequently due to light quality degeneration. Employees working on different tasks in close proximity can also do so without being bothered by their work neighbor, which will surely improve their comfort. Satisfied employees contribute to a more productive workplace, and happy employees stay with companies. This will increase revenue and simultaneously save business owners their time and resources in looking for frequent replacements.

 

Increased business productivity

The benefits of using LED lights for business purposes extend beyond satisfying human employees. In many industries and workplaces that depend on specific light sources, productivity can be increased with proper lighting solutions. This includes automated assembly lines on factory floors in the manufacturing sector and the growth of plants in indoor greenhouses in the vertical farming industry.

Firstly, LED lights have a very high color rendering capacity which is perfect for the manufacturing industry. Color rendering capacity is indicated by a Color Rendering Index (CRI), which measures how well a light source does at rendering the true colors of an object it shines on compared to incandescent lights or daylight. CRI ranges from 0 to 100, with 0 being the worst and 100 being the best. Typically, LEDs have a CRI of at least 80, in some cases well above 90, while basic fluorescent lights have a CRI of 60 to 80.

Having a high CRI can increase productivity and save money on factory floors in production and quality assurance processes. Take the case of Ball Beverage Packaging—manufacturing 120 aluminum cans per second, it is vital that these cans are of consistent color composition and quality. Previously, the company had been using fluorescent tubes, which had to be replaced every third month due to each tube’s individual service life of 2,100 hours and the degeneration of their brightness over time.

To improve this situation, LED iBond created various LED lighting devices with LEDs with a CRI of above 90 and service life of 100,000 hours and enhanced and intense light levels. As these LED devices are used on the factory floor, they also sport a robust design to increase their durability. After implementation, the company saw significant energy savings of approximately 60% kWh (kilowatt hour), which translates to a much lower electricity bill.

Secondly, LED lights come in various colors—red, green, blue, yellow, amber, and white. These colors can be combined in any capacity as desired to create even more shades. This is particularly useful in the indoor farming sector, such as vertical farming, where farmers and their plants have different lighting needs.

Chlorophyll in plants responds best to the broad spectrum’s red and blue ranges, which is from where they primarily absorb energy. Companies can arrange our Deep Red and Royal Blue LED grow lights on our own grow light shelf & rack system to improve plant health, leading to healthier plants and longer shelf life after harvest.

 

Get in Touch

Here at LED iBond, we have curated an array of LED products with advanced technology suitable for businesses across almost every industry and in most workplaces. This ranges from office buildings and factory floors to retail spaces and vertical farms. The use of efficient-energy LED lighting instead of traditional luminaires can lower electricity bills and increase business revenue. More and more companies, realizing that LED lights save money, have made the switch. For more information on our products, please email info@ledibond.com or call +45 7070 7855.