I am considering switching from 500 watts of Metal Halides to ~200 watts of LEDs.
I know there are other concerns (fixture cost -vs- bulb replacement and additional A/C in the summer), but I wanted to see if switching to LEDs would really make a dent in my powerbill.
From my power bill from the past month, I calculated my my cost per Kwh to be 8.9 cents. If I understand correctly, that means that running 1000w for one hour costs me 8.9 cents.
My current MH usage is 4000W per day (8 * 5000). Using LED would result in 1600W per day. (8 * 200). That's a reduction of 2400W/day.
Over a 30 day month, that reduction of 2400W equals 72,000W. (2400 * 30). Here is where I am unclear... Is it correct to divide that 72,000W by 1000wh, equaling 72Kwh/monthly? If so, at 8.9cents/hour, switching to LED would save me $6.4 monthly.
I know there are other concerns (fixture cost -vs- bulb replacement and additional A/C in the summer), but I wanted to see if switching to LEDs would really make a dent in my powerbill.
From my power bill from the past month, I calculated my my cost per Kwh to be 8.9 cents. If I understand correctly, that means that running 1000w for one hour costs me 8.9 cents.
My current MH usage is 4000W per day (8 * 5000). Using LED would result in 1600W per day. (8 * 200). That's a reduction of 2400W/day.
Over a 30 day month, that reduction of 2400W equals 72,000W. (2400 * 30). Here is where I am unclear... Is it correct to divide that 72,000W by 1000wh, equaling 72Kwh/monthly? If so, at 8.9cents/hour, switching to LED would save me $6.4 monthly.