Is it worth replacing existing LED panels for the newer versions making their way onto the market?

Q: Is it worth replacing existing LED panels for the newer versions making their way onto the market?

A:

With energy efficiency remaining a key priority for businesses and homeowners, any upgrades that provide a means to save energy usage is definitely worth the effort, and replacing existing LED panels with the latest more efficient versions can produce some impressive energy and cost savings.  

The LED panels market has come a long way since they were first introduced more than 10 years ago, when a 45W panel cost more than £200. In recent years LED panels have been used as the main replacement for fluorescent tubes as a means of saving on energy consumption. Ovia has recently added new 22W versions to its premium Inceptor Slate Backlit LED panels range, and to its regular Slate Backlit panels, and they produce an impressive 140 lumens per Watt output. This provides installers with the opportunity to replace existing higher wattage panels for these more energy efficient versions to create even further energy savings.

In this example we look at the overall cost savings for replacing 80 x 36W LED panels, with 80 of Ovia’s 22W LED panels. 

The cost of electricity to run 80 x 36W LED panels for 10 hours per day, 5 days per week over a 52 week period - at an electricity cost of .12p (£/kWh) - would be £898.56, compared to just £549.12 for the equivalent usage for Ovia’s 22W LED panel. That’s an impressive annual saving of £349.44, which equates to an overall saving of approx. 38.9%.

Find out more about our Inceptor Slate Backlit panels at Inceptor Slate Backlit