I found an LED bulb on sale at Lowe’s for seven bucks.
Uses six watts for the equivalent of a 40 watt incandescent. It’s the one I leave on if I am out of the house at night. Waiting to see what the savings look like, if any.
The average cost of electricity in Ohio is approximately $0.06 per kWh.
Let us suppose, for example, that over the course of one month you leave that bulb "on" for 100 hours.
If that use is served by the 40W tungsten bulb, it will consume 4000 Wh, or 4kWh. That will cost you $0.24 on your power bill.
If that use is served by the 6W LED bulb, it will consume 600 Wh, or 0.6 kWh. That will cost you $0.036 on your power bill for a savings of twenty cents per month.
For example.
“Waiting to see what the savings look like, if any.”
Math fun:
My latest power bill was 65.90 for 492kWHr. That’s an average of 0.1339 / kWHr. 1 kW = 1000 W.
So say you get a regular bulb for $1. That’s a difference of $6 for a 34 W power consumption difference.
So to make your 6 bucks back, you’d have to run that bulb:
(6 * 1000 )/(34 * 0.1339) = 1318 Hr, or running continuously about 55 days.
[[Waiting to see what the savings look like, if any.]]
14 cents per quarter- enjoy the savings
I understand. They really impact monthly bills.