This post will address some market preconceptions about:
- What LED lights can do in 2013?
- What is a fair price to pay?
- What work still needs to be done?
What LED lights can do in 2013 – 2012 was a big year in the lighting industry. Energy efficiency barriers weren’t just addressed but completely smashed with the technological advances which took place over the last 12 months.
It’s hard to get your head around but the notoriously energy sucking 50w halogen downlight can now be replaced by a ’7w LED retrofit LED lamp’. 2 years ago this was unheard of with a 15w LED being required to give sufficient light output. In addition we have seen the market presented with affordable LED bulbs of 10w or less which last in excess of 10 years and match the light output of 60w and 75w incandescent bulbs.
The most significant advances have been made in the area of compatibility. Issues of flicker and colour matching have been addressed and solved. The most important being 12v halogen transformer compatibility. Lamp for lamp replacements make it easy for non-electrical qualified consumers to convert to LED. More compact light design aids in this process to the extent that LED bulbs are now the same size making them suitable for installing into all size light fittings.
The energy savings speak for themselves and we don’t need to repeat here what the financial and environmental benefits are. More information can be found here about benefits or here to calculate savings.
What is a fair price to pay – The creation of several research and development LED lighting companies in Asia has seen a massive shift of influence in the energy efficient lighting market. There is little doubt that China now leads the world in the technological development of LED lighting. It is not just the export of lighting from China that has spurred the significant price reduction of LED lights, but also the massive consumer demand from China’s emerging middle class.
The price of ‘high power’ LED lighting in the last 18 months has on average, more than halved. LED bulbs which were $49.00 are now ranging from $15.00 to $29.00. Consider for a moment that these products have a life expectancy exceeding 10 years in a domestic environment and begin to imagine the shock-waves this will send through the entire lighting industry. Of-course there are quality issues to consider where the wisdom of ‘you get what you pay for’ is still a good guide for wary consumers. As mentioned in previous posts, we as consumers need to change our thinking about lighting to the extent that LED bulbs are now a long term investment that you can take with you if you move house.
What work still needs to be done – There can be little argument about what benefit consumers and society as a whole can gain from adopting LED lighting technology. A sustainable future for conservation of energy and what we put into land fill and how often are hot topics today. LED lights are a logical and natural progression toward this goal which seems to be happening much slower in Australia than in many other parts of the world. We are part of one of the greatest industries in the world. ‘The energy efficient lighting market’ which is a pro-active and ethical movement toward our planet’s sustainable future. ‘Planet LED‘ get it? More than anything that is what we are about.