LED payback

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I saw some LED fixtures a week or so ago that impressed me so I had the rep price them for a project we are working on. Thought maybe I could upgrade the fixtures as an option with customer paying the difference. You think they might go for 140K more than the existing 140K for the whole project? LEDs have a ways to go yet.
 
The potential payback for LEDs comes from the added length of time between replacement of the bulbs. You need to do a Life Cycle Cost Analysis (LCCA), in order to get the entire picture.
 
If they are interior lights they will never produce an ROI. I can do the math for you if you like, but long life T8 is the way to go.
 
I have done the ROI calculations to compare fixtures in the past. Usually T5, T8, & MH comparisons. I am with you that T8s usually come out ahead. Once I heard the price for the LEDs I didn't even bother. My WAG is that payback is not there, given the operational hours, even at half the price.
 
DOE sponsered a retrofit of some Smithsonian Exhibition halls from incandescant and halogen to LED track heads. The report link is below.

http://apps1.eere.energy.gov/buildings/publications/pdfs/ssl/2012_gateway_smithsonian.pdf

At 14 cents per kwh they got a payback of 1.6 years without a significant change in lighting levels and appearance.

LED works well lighting jewelry and exhibits. It creates "sparkle" which CFL is really horrible at. Applying an ROI in these situations seems a little unfair because LED isn't really giving a cost savings, it's also providing an ambience that CFL cannot.
 
Be sure that you are comparing apples to apples. Are you talking a generic lensed troffer against an LED fixture? Probably no payback there, but if you are on a LEED or IECC project that requires dimming and/or the client wants a higher end look than a lensed troffer the fixture price can be the same since LED fixtures generally have dimming built-in whereas with T8 it is an add-on.
 
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