What is the ROI on this $45 replacement for a $1 100W incandescent? Will I live long enough to benefit from it?
That depends on the future cost of energy and your expected life time under Obama care...
Who needs ROI when you will have the hipest bulb daddy-0. this like really swings ya dig?
So roughly speaking, if the 12 watt bulb lasts 6 months its paid for itself..although this may vary depending on how much time you have it on in a week and much electricity costs for you.
The ROI is excellent when your neighbors pay for it, and you get an exemption from the President in return for a small political contribution.
I can do that math. Stand by.
I get 23% per year in a 10 year analysis.
Assumptions:
1) KWH / Year: 1,142, Department Of Energy
2) Cost / KWH: $0.1153, Average U.S., ElectricChoice.com
3) Cost / bulb: $1 v. $45
4) Watts: 100 v. 12
Standby for a breakeven period.
I have a couple of hard-to-reach fixtures for which I will happily pay a premium for longer-lived bulbs. I switched to CFLs long before big brother told me to. I replaced the first one with a LED bulb six months ago. Would’ve done it sooner but the lumens were still too low. A 60 watt incandescent equivalent finally arrived in my neighborhood hardware store last fall, and the clerks tell me they fly off the shelf as fast as they come in. It seems I’m not the only cranky old man who will be happy if he never has to change another high light.