If you’re a lighting contractor, this calculator makes it easy to see how much you can save with Cree LED lighting. Just select the products to compare and change the values based on your average usage and costs. Your total savings information and the Lifetime Cost Comparison will update automatically to reflect the information you have entered.
If you’re not a master of the lighting world, you might just want to stick to the basics and use the drop down menus to compare an “LED Lighting LR6” to a “Generic Incandescent Can.” That should help you get the picture.
1
How Much Will I Save?
| Time until Payback |
Internal Rate of Return |
Total Savings |
| 10 months 29 days |
113.1% |
$1,330.50 |
2
Lifetime Cost Comparison
| Year | Incandescent Can | LR6 | Cumulative Savings | Annual Savings |
|---|
| 0 | $7.95 | $104.95 | ($97.00) | ($97.00) |
| 1 | $115.36 | $106.52 | $8.85 | $105.85 |
| 2 | $227.08 | $108.15 | $118.93 | $110.08 |
| 3 | $343.26 | $109.84 | $233.41 | $114.48 |
| 4 | $464.08 | $111.61 | $352.48 | $119.06 |
| 5 | $589.74 | $113.44 | $476.30 | $123.83 |
| 6 | $720.43 | $115.35 | $605.08 | $128.78 |
| 7 | $856.35 | $117.33 | $739.01 | $133.93 |
| 8 | $997.70 | $119.39 | $878.30 | $139.29 |
| 9 | $1,144.70 | $121.54 | $1,023.16 | $144.86 |
| 10 | $1,297.59 | $123.77 | $1,173.82 | $150.65 |
| 11 | $1,456.59 | $126.09 | $1,330.50 | $156.68 |
3
Lifetime Cost Comparison Chart
4
Additional Analysis
| Basic Lighting Costs | Incandescent Can | LR6 | Savings |
|---|
| Initial Cost | $7.95 | $104.95 | ($97.00) |
| Annual Energy | $32.17 | $5.94 | $26.23 |
| Annual Lamping | $5.94 | $0.00 | $5.94 |
| Annual Labor | $69.30 | $0.00 | $69.30 |
| Annual Recycling | $0.00 | $0.00 | $0.00 |
| Annual HVAC Savings | $0.00 | ($4.37) | $4.37 |
| Total Annual | $107.42 | $1.57 | $105.85 |
