Over 60% of businesses have already upgraded to commercial LED lighting. The benefits of LED lighting are immediate, especially for small businesses interested in reducing operating expenses and providing a safer, healthier environment for employees and customers.
As you consider the pros and cons of LED lighting, here are 5 facts that make switching the smart choice for so many businesses.
5 Facts About LED Lights
From safety and cost savings to a better customer experience and sustainability, LED lights are being rapidly adopted by businesses of all sizes. For small businesses, this simple upgrade will increase profitability, often with no upfront cost.
Fact #1 - LED Lights are More Energy Efficient
According to Energy.gov, LED lights use up to 80% less energy than traditional incandescent lights. They’re more energy efficient than most other types of commercial lighting - including fluorescent bulbs, metal halide and induction lighting.
Older lighting fixtures can waste up to 90% of the energy they consume by emitting it as heat, not light.
Businesses are quite literally burning through their energy budget. Choosing LED reduces waste, lowers monthly energy bills and provides more sustainability.
Fact #2 - LED Lights Increase Performance and Safety
The type of lighting businesses use has a direct impact on employee health and focus.
One study found that LED lighting specifically increases cognitive focus by as much as 8%.
The reason for this is the higher quality, consistent light produced by LED bulbs. Other types of commercial lights may be dimmer, flicker or cause shadows and dark spots.
LED light is directional, meaning with the correct fixtures you can point the light exactly where you need it to be. In addition to providing bright, consistent task lighting for employees, this also reduces ambient light waste caused by lighting unused areas. This type of direct lighting makes it easier for employees to see what they’re working on and reduces occupational injuries.
LED lights can also produce different levels of brightness, measured in lumens, so they can be adjusted for different types of work.
Alternatively, LED lighting fixtures can also cast a wide beam of light, reducing dark areas. This is especially helpful in parking structures where poor lighting creates dangerous shadows. Parking area safety is an important concern for both employees and customers. Well lit spaces are more welcoming and will make customers feel safe after dark.
Find out if LED lights will work for your business. Read this Guide for Businesses Considering Commercial LED Lighting.
Fact #3 - LEDs are Sustainable & Eco-Friendly
As emissions and waste continue to increase, it’s essential for businesses to do their part in switching to green alternatives.
An IHS Market study showed that LEDs eliminate close to 600 million tons of carbon emissions each year. That’s the equivalent of planting 75,000 acres of forest or removing 50,000 cars from the roads.
LED lamps also last longer than other forms of commercial lighting - up to 50,000 hours. This means less frequent replacements and less landfill waste. Many LED components are also recyclable, creating even less waste.
Sustainability initiatives are becoming more important than ever for businesses who wish to attract more customers and retain top talent. 76% of applicants consider a company’s green initiatives when applying for a position. As environmental issues continue to be a top priority, companies that choose sustainable LED lights will be rewarded.
Fact #4 - LED Lights Reduce Energy Costs
Because LED lights are more energy efficient, it takes less energy overall to keep the lights on. This translates to significant cost savings.
LEDs are projected to reduce US annual commercial energy costs by $30 billion by 2030.
Individual businesses that switch today can cash in on these lower energy costs even sooner to save $1000’s each year.
Controlling operating expenses is a smart move when it comes to profitability. In today’s economy, buyer behavior changes constantly and businesses can’t always count on consistent revenue streams. Reducing expenses is one way businesses can weather uncertain times.
Fact #5 About LED Lights - The Majority of Businesses Have Already Switched
More than 60% of businesses have upgraded their inefficient, expensive lighting systems to LED lights. It’s easier than ever for businesses to make the switch, which is why so many businesses are finally upgrading to start saving.
Because LED lighting is a green alternative, there are energy efficiency grants available to offset the costs of upgrading. Many relief and small business grants can also cover the costs of energy efficient upgrades because of the countless business benefits of choosing LED lighting.
Smart business owners choose Lighting-as-a-Service models so they can upgrade with no upfront cost.
These LaaS solutions provide immediate cost savings as soon as the new lights are installed.
There’s a reason so many businesses have already switched to LED lighting. As economic and public crises have hit so many small businesses extremely hard, it’s important to find ways to reduce expenses while weathering the storm.
Lighting is an essential cost, but it doesn’t have to break your budget, especially when you choose energy efficient LED options that increase employee productivity and safety while protecting your bottom line.