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Energy EfficienciesLighting
LEDs aren’t going anywhere. Thanks to LEDs’ superior efficiency, the Department of Energy (DOE) forecasts that LED lighting will account for the majority of installations in the US by 2030. The DOE hopes to encourage this by bumping LED efficiency above 200 lumens per watt by 2025 — and it looks like they’re well on their way.
The benefit to businesses and residential customers, of course, is huge energy savings and lower costs.
Many people wonder if now is the time to jump on board with LEDs, or whether they should wait a few more years for prices to come down. While it’s true that LED prices will continue to drop, the immediate
savings potential of investing in LED (both in lower utility and maintenance costs) is typically greater than that of waiting.
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