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How LED Lighting can Help you Save on your Power Bill

Post published on: Aug 27th, 2024

Do you dread opening your power bill? You’re not alone. Last month, data from Carbon + Energy Markets’ MarkIntell found Australian households were paying the highest electricity prices in the world.

This shocking reversal from the 1990s when our bills were the cheapest, shows we need to make better choices when it comes to our energy consumption. Here’s a few ways to cut costs on your power bill and see dramatic savings in the long run.

1. Make the Switch to LED Lighting

Want to see real savings? The solution is simple: make the switch from halogen lights to LEDs. Generally, LEDs (running at 100% brightness) are much more energy efficient and eco-friendly than halogen lights. In fact, LED lighting is up to 80% cheaper to run than halogens.

How do we know this? Take a house with 60 lights running for 1.5 hours per day. Depending on the type of lighting used, the annual household lighting costs differ considerably:

smart LED lighting annual savings

These are significant savings and can only be made possible by changing over to LED lighting. Imagine, if these are the savings you’ll see within one year, think of the ongoing savings you’ll see over a ten period. Smart lighting is an investment for the future and it’s never too late to make the switch.

2. Choose a Light with the Staying Power

When making better choices for your household energy consumption, it’s important to carefully consider the long-term impact before making a decision. So although the upfront costs of installing LED lights can seem on the pricier side, their energy efficiency and durability more than compensate for this.

The return on investment for installing LEDs is much quicker because of their longevity and light emission per wattage. In fact, LEDs last four to five times longer than traditional lights. Not only does this save you the effort of having to replace them often, it also makes them environmentally sustainable and allows you to see extra savings over time.

If you want to see the power of zero maintenance costs combined with lower electricity bills, make the change to LEDs for a brighter future.

3. Activate Energy Saving Functions

Now we’ve established the importance of making the switch to smart LED lighting, increase the energy efficiency of your home by activating built in energy saving functions.

MyLights comes with MyEco. With the simple tap of a finger, MyEco automatically dims all of your lights a little, yet saves you a lot in energy costs.. You’ll barely notice the difference in room lighting, but you’ll see a big drop in your bill. This is due to the fact that as you dim the LED, the power consumption drops off quicker than the level of light provided by the LED light, as detailed in the table in section 4 below.

4. Dim your LEDs

MyLights allows you to dim every MyLight LED light in your home. We already know that dimming cuts your power bill , so lets take a look at some real numbers to see what that means as you dim well beyond the MyEco function:

MyLights energy savings

Dimming your smart LED lights also provides added comfort. You can dim your lights for a movie without leaving the couch or bump up the brightness of your homes entry lights for extra security during the night.

With the choice of warm, natural or cool, you can always be seen in your best light with MyLights energy efficient 10-watt LEDs.

And it’s not just ongoing costs that provide you savings – MyLights is surprisingly cost effective to install for such a smart home lighting solution.

Don’t take our word for it? Calculate the savings for yourself thanks to our new LED lighting cost saving calculator. No matter what lights or combination of lights you’re looking to install or upgrade in your home, you can benefit from the smart energy savings of MyLights. Test drive MyLights for yourself by booking a showroom appointment today.