How much money is saved over the lifetime for switching out a green light with an LED

Switching a green traffic light from an incandescent bulb to an LED can result in significant energy and cost savings. Here’s a step-by-step breakdown of how to calculate the potential savings over the lifetime of the LED:

How much money is saved over the lifetime for switching out a green light with an LED

Assumptions for the Calculation:

Here are the assumed values for both the incandescent and LED green traffic lights:

Incandescent Bulb:

  • Power Consumption: 135 watts (typical for green incandescent traffic lights).
  • Lifespan: 8,000 hours.
  • Cost per bulb: $5.
  • Operating hours: 24 hours per day, 365 days per year (standard operation for traffic lights).
  • Electricity rate: $0.12 per kilowatt-hour (kWh).
  • Annual energy cost (incandescent): $141.91 (as calculated previously for similar bulbs).
  • Maintenance cost per replacement: $55 (includes labor and cost of the bulb).

LED:

  • Power Consumption: 15 watts (slightly higher than red or yellow LEDs because green LEDs typically require a bit more power).
  • Lifespan: 50,000 hours.
  • Cost of LED module: $100.
  • Operating hours: 24 hours per day, 365 days per year.
  • Electricity rate: $0.12 per kWh.

Step 1: Energy Consumption and Cost

Incandescent Bulb:

The annual energy consumption for a green incandescent bulb is:135โ€‰wattsร—24โ€‰hours/dayร—365โ€‰days/year=1,182,600โ€‰watt-hours/year=1,182.6โ€‰kWh/year135 \, \text{watts} \times 24 \, \text{hours/day} \times 365 \, \text{days/year} = 1,182,600 \, \text{watt-hours/year} = 1,182.6 \, \text{kWh/year}135wattsร—24hours/dayร—365days/year=1,182,600watt-hours/year=1,182.6kWh/year

The annual energy cost for the incandescent bulb is:1,182.6โ€‰kWh/yearร—0.12โ€‰$/kWh=141.91โ€‰$ per year1,182.6 \, \text{kWh/year} \times 0.12 \, \text{\$/kWh} = 141.91 \, \text{\$ per year}1,182.6kWh/yearร—0.12$/kWh=141.91$ per year

LED Bulb:

The annual energy consumption for a green LED bulb is:15โ€‰wattsร—24โ€‰hours/dayร—365โ€‰days/year=131,400โ€‰watt-hours/year=131.4โ€‰kWh/year15 \, \text{watts} \times 24 \, \text{hours/day} \times 365 \, \text{days/year} = 131,400 \, \text{watt-hours/year} = 131.4 \, \text{kWh/year}15wattsร—24hours/dayร—365days/year=131,400watt-hours/year=131.4kWh/year

The annual energy cost for the LED bulb is:131.4โ€‰kWh/yearร—0.12โ€‰$/kWh=15.77โ€‰$ per year131.4 \, \text{kWh/year} \times 0.12 \, \text{\$/kWh} = 15.77 \, \text{\$ per year}131.4kWh/yearร—0.12$/kWh=15.77$ per year

Step 2: Maintenance Costs

Incandescent Bulb:

  • Incandescent bulbs last 8,000 hours, so they need to be replaced approximately every:

8,000โ€‰hoursรท(24โ€‰hours/day)=333.3โ€‰days8,000 \, \text{hours} \div (24 \, \text{hours/day}) = 333.3 \, \text{days}8,000hoursรท(24hours/day)=333.3days

  • Over the 50,000-hour lifespan of an LED, the incandescent bulb will need to be replaced 6.25 times.
  • The maintenance cost (including bulb and labor) per replacement is $55. Therefore, the total maintenance cost over the LED’s lifespan is:

6.25โ€‰replacementsร—55โ€‰$ per replacement=343.75โ€‰$ total maintenance cost6.25 \, \text{replacements} \times 55 \, \text{\$ per replacement} = 343.75 \, \text{\$ total maintenance cost}6.25replacementsร—55$ per replacement=343.75$ total maintenance cost

LED Bulb:

LEDs typically last 50,000 hours, meaning no replacements are required during this time. Therefore, the maintenance cost for the LED is $0.

Step 3: Total Lifetime Savings Over 50,000 Hours

Total Cost for Incandescent Bulb:

  • Energy Cost (over 50,000 hours):

50,00024ร—365ร—141.91โ€‰$ per year=6.25โ€‰yearsร—141.91โ€‰$ per year=886.94โ€‰$ total energy cost\frac{50,000}{24 \times 365} \times 141.91 \, \text{\$ per year} = 6.25 \, \text{years} \times 141.91 \, \text{\$ per year} = 886.94 \, \text{\$ total energy cost}24ร—36550,000โ€‹ร—141.91$ per year=6.25yearsร—141.91$ per year=886.94$ total energy cost

  • Maintenance Cost: $343.75
  • Total Cost for Incandescent Bulb:

886.94โ€‰$ย (energy)+343.75โ€‰$ย (maintenance)=1,230.69โ€‰$ย totalย cost886.94 \, \text{\$ (energy)} + 343.75 \, \text{\$ (maintenance)} = 1,230.69 \, \text{\$ total cost}886.94$ย (energy)+343.75$ย (maintenance)=1,230.69$ย totalย costHow much money is saved over the lifetime for switching out a green light with an LED

Total Cost for LED:

  • Energy Cost (over 50,000 hours):

50,00024ร—365ร—15.77โ€‰$ per year=6.25โ€‰yearsร—15.77โ€‰$ per year=98.56โ€‰$ total energy cost\frac{50,000}{24 \times 365} \times 15.77 \, \text{\$ per year} = 6.25 \, \text{years} \times 15.77 \, \text{\$ per year} = 98.56 \, \text{\$ total energy cost}24ร—36550,000โ€‹ร—15.77$ per year=6.25yearsร—15.77$ per year=98.56$ total energy cost

  • Maintenance Cost: $0
  • Cost of LED Bulb: $100
  • Total Cost for LED:

98.56โ€‰$ (energy)+100โ€‰$ (bulb)=198.56โ€‰$ total cost98.56 \, \text{\$ (energy)} + 100 \, \text{\$ (bulb)} = 198.56 \, \text{\$ total cost}98.56$ (energy)+100$ (bulb)=198.56$ total cost

Step 4: Total Savings Over the LEDโ€™s Lifetime

The savings from switching from an incandescent to an LED green traffic light over the LEDโ€™s 50,000-hour lifespan is:1,230.69โ€‰$ (incandescent total cost)โˆ’198.56โ€‰$ (LED total cost)=1,032.13โ€‰$ saved over the LEDโ€™s lifetime1,230.69 \, \text{\$ (incandescent total cost)} – 198.56 \, \text{\$ (LED total cost)} = 1,032.13 \, \text{\$ saved over the LED’s lifetime}1,230.69$ (incandescent total cost)โˆ’198.56$ (LED total cost)=1,032.13$ saved over the LEDโ€™s lifetime

Conclusion:

By switching from a green incandescent traffic light to a green LED, you can save approximately $1,032 over the lifetime of the LED (50,000 hours). These savings come from reduced energy consumption and significantly lower maintenance costs, making LED traffic lights a cost-effective and energy-efficient solution.

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