Why make the switch to LED lighting?

Most indoor lighting systems in retailing are still based on T8 fluorescent tubes, an inefficient technology. The average life expectancy of a fluorescent bulb is 10,000-50,000 hours, while that of an LED bulb is 50,000+ hours. To put that into perspective an LED bulb left on for 24 hours a day would need to be replaced only after five years.

The development of LED technology is constantly evolving and improving, with new products being launched every six months. Many of us now have smart meters and devices in our homes, so why stop there? The development of smart technology in the lighting sector can be used to control your shop’s lighting and connectivity, control colour effects, adjust brightness, monitor energy consumption, customer visits and data storage.

If all our members switched their current 50w halogen spot-lights to 7w LED lights, the savings per year would be:

  • 9,030 kWh per shop;
  • Total savings across membership of 58m kWh;
  • Reduced Co2 emissions of 32,000 tonnes across membership
  • Total savings on the collective energy bill of £5.8m, or £900 for each member
    (Statistics based on upgrading 50 lamps per shop, switched on for 4,200 hours).

We have partnered up with the Energy Savings Trust, which has over 25 years’ experience in energy efficiency. This partnership provides advice and support to all our members, enabling them to save money, reduce carbon emissions and improve the quality of lighting in their businesses.

The main barrier stopping retailers from making the switch to LED lighting is the initial upfront cost of the investment. With a Birmingham Bank equipment loan not only will you receive fast, friendly personal service, you could borrow between £2,500 and £250,000 at a discounted rate of 6.4% APR and spread the costs over 12 to 60 months.

Switch for free and start saving on all your utility bills with Utility Options!

For more information on sustainable changes your business can adopt today, visit our Sustainability Hub