Light-Emitting Diode (LED) bulbs, dimmers and strips are among the most energy-efficient lighting options today. The price of LED lights will be based on a variety of factors, including electrical wiring costs and labor. On average, you will pay between $100-$150 per LED fixture. Prices per bulb will range from $4-$8 in the U.S.
Average Cost Of LED Lights
You can expect to pay between $4-$8 for a 10-Watt LED when replacing incandescent and compact fluorescent lamp bulbs. This means changing 24 bulbs will cost anywhere between $96-$192 to replace. 10W LED lamps are accepted as the standard bulb replacement for 60-100W incandescent bulbs.
These are the average costs per bulbs for LED lighting:
- 6W LED: $3
- 8.5W LED: $5
- 10W LED: $7
- 15W LED: $9
- 25W LED: $12
Even though the prices may seem high, LEDs are long-lasting and will undoubtedly save energy over time. LED lighting strips are a great investment, especially for retailers. Home and business owners can expect to pay between $4-$8 per bulb on average.
LED Light Strips Cost
LED strips create a perfect way to add accent lighting. Typically, LED strips will be used as backlighting for art, surfaces and under-cabinet lighting. These strips often come complete with an adhesive backing and low-voltage power supply. The strips will come with a price tag between $50-$300.
Smart LED Bulbs Cost
Smart LED bulbs, featuring voice controls, cost between $40-$100 per bulb. Some LED smart lights can include built-in video recording capabilities with both Wi-Fi and Bluetooth. Color-changing bulbs will cost more than the typical LED bulbs, but are extremely popular among retailers.
Integrated Fixtures Cost
One way to upgrade any LED lighting is by replacing an entire fixture with a new one featuring integrated LED lighting rather than standard bulb sockets. Fixtures cost anywhere from $100-$150, with the additional cost of hiring an electrician for installation.
How Much Do LED Lights Save Per Month?
LED can save you an estimated 85 percent on your electric bill, while also producing less heat. Estimated savings for an average homeowner utilizing 24 LED bulbs is $7,000 over 20 years. Using solar-powered lamps can offer home and business owners even more savings. LEDs save money simply because they require less energy for operation, especially when compared to incandescent bulbs.
How Long Do LED Bulbs Last?
More and more halogen bulbs are being replaced by LED bulbs these days, especially in the retail industry. Retailers are frequently making this switch because LED bulbs simply last longer than traditional options. The only downside to LED bulbs is the limited capacity due to the electronics in the lighting. LED bulbs must remain at a cool temperature at all times. When these bulbs begin to heat up, they will stop working completely. Contrary to belief, switching a light on and off frequently will not increase the lifespan.
Average Lifespan: 15,000 hours
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