It came about because we were looking to replace our current G9 halogen bulbs with LEDs but I wanted to see what the payback time would be because we needed to replace 25 of them.
You input the bulb specifications, and then the length of time you want to calculate for, the cost of electricity (roughly), how long the bulbs are on for each day, and the number of bulbs being replaced. It then calculates how many bulbs might be needed over the period, and then the costs involved.
There are also a number of assumptions made which may skew the costs slightly, such as:
- All the bulbs are on for a total of 6 hours per day. If only half the bulbs are on for 6 hours then you could use 3 hours as the total here to be more accurate. Maybe use this on a per room basis to be more precise.
- The wattage of the bulbs should be the average for all bulbs in the house. Some will be higher, some lower. 60W seems fair for an average. See above about per room analysis.
- The lifespan of bulbs is a little vague as each bulb performs differently. A G9 halogen is about 2250hrs, an incandescent standard bulb about 1500hrs, and LED's vary from 10,000 to 50,000hrs hours depending on who you buy them from. I've had bulbs perform much better and much worse than rated, though.
I'm pretty sure my maths is correct but I'm happy to hear if it's wrong.
You can find the spreadsheet here.