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Maximising ROI: The Long-Term Financial Gains Of LED Industrial Lighting

I’ll bet that there’s not a single person reading this who isn’t keen to save money within their business where possible. In order to make a successful profit and ensure the longevity of a company, it’s vital to look at outgoings just as much as what’s being brought in.

In industrial settings, lighting is essential whether you’re running a warehouse, manufacturing facility, distribution centre, or anything else. However, many businesses still have old-fashioned lighting systems installed in these buildings and this is a massive waste of money.

To bring your industrial building into the modern age, LED lighting is a no-brainer. Not only is it far more energy efficient and eco-friendly but it’s also a great way to lower your overheads. Let’s explore why.

How Does LED Lighting Bring About Financial Benefits For Industrial Buildings?

It’s natural to want to make savvy investments when you’re managing a large facility. Many businesses are now looking to become more sustainable and LED lighting is one of the best ways to start down an eco-friendly path. What’s more, there are many financial incentives to doing so.

LED Lighting Is More Energy Efficient

LED lighting uses up to 80% less energy than traditional options like fluorescent or incandescent bulbs. When installed in a larger building like a warehouse or a factory, 80% is a very significant amount. As a direct result of this, you’ll save money on your electricity bill.

The reason that LED lighting is so much more efficient is that it only produces light energy. On the other hand, incandescent bulbs have to heat up in order to produce light so require far more energy from the offset.

What’s more, most of this heat is lost to the surrounding environment meaning it’s wasted and, in a world where we’re trying to save energy, this simply isn’t a wise idea.

LED Lighting Is More Affordable Over Time

One of the things I hear a lot of people saying is that LED lighting costs a fortune to install. While I wouldn’t go as far as saying a new LED lighting system would cost a fortune, there’s no denying that it is more expensive than traditional options.

However, the cost of operating your new LED lighting system is far less expensive so, over time, you will spend less, as long as you’re willing to make that initial investment.

Replacement LED bulbs won’t be required anywhere near as often as they’re designed to last for much longer than traditional options. In fact, where a standard incandescent bulb may last for 1000 hours, a comparable high-end LED bulb will brighten your space for up to 100,000 hours.

What’s more, these lighting systems are far more safe and reliable so you won’t be spending money maintaining them…which brings me to my next point.

LED Lighting Can Lower The Cost Of Maintenance

Understanding that LED lighting systems require less maintenance allows us to see that we can cut down on labour costs.

When you need to have your lighting repaired or replaced, there’s the cost of man-hours on top of the price of materials and this can mount up.

Some LED bulbs are designed to last for more than a decade. During that time, you may have needed to have had hundreds of maintenance jobs done on traditional lighting systems which racks up a pretty hefty bill!

LED Lighting Can Reduce Facility Downtime

In an industrial setting, lighting is one of the most important factors that ensures everything runs smoothly. If the lights go out, work has to stop until the problem has been fixed. As a direct result of this, productivity and profits go down.

However, since LED lighting is far more reliable and bulbs only need to be replaced very infrequently, it is much easier to plan maintenance around this and reduce downtime.

How Long Will It Take To See A Return On Investment After Installing LED Lighting?

The amount of time it will take to start making money back after having LED lighting installed in your industrial facility can vary. This is because every situation is different and varying factors will come into play.

However, after some research, I can confidently say that you should start seeing a return on your investment after somewhere between one and three years.

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