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How Can Solar Lighting Save You Money

Date post: 08-Mar-2016
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Do you have an outdoor lighting project? Considering using solar as a green alternative? This helpful guide can show you what your money is spent on and how you can save money while showcasing your green initiative. Included in this guide is: Component Costs Installation Costs Maintenance Costs Rebates and Additional Information This guide will give a better understanding on key differences between costs associated with standard grid tied lights and solar lights.
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How Can Solar Lighting Save You Money?
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Page 1: How Can Solar Lighting Save You Money

How Can Solar Lighting Save You Money?

Page 2: How Can Solar Lighting Save You Money

Table of Contents

Introduction 3

Electrical Components 4

Solar Components 5

Electrical Installation 6

Solar Installation 7

Electrical Costs to Operate 8

Solar Costs to Operate 9

Electrical Maintenance 10

Solar Maintenance 11

Overall Savings 12

Surprise 13

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Page 3: How Can Solar Lighting Save You Money

Introduction

So you have a new lighting project and are thinking of looking at solar lights as a green alternative. As we all know, solar is becoming the go to option for all types of applications.

This is an overview of how installing solar instead of a typical 250 Watt HPS street light can save you lot of money as well as reduce your CO₂ impact on the earth.

By the end of this you will have a better knowledge of the costs associated with solar and how solar is a better option for both your wallet and the environment.

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Page 4: How Can Solar Lighting Save You Money

Electrical Components

250 Watt HPS Cobrahead Street Light

Light Fixture

Fixture Mounting Bracket

Light Pole

Total Cost: $1,350.00

As you can see, there isn’t much to purchasing a standard electrical street light, but there are hidden costs to consider, we will cover that further on.

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Page 5: How Can Solar Lighting Save You Money

Solar Components

40 Watt LED Cobrahead Street Light

Solar Panel Assembly

Battery Assembly

Solar Mounting Bracket

Light Fixture

Fixture Mounting Bracket

Light Pole

Total Cost: $4,700.00

Solar lights have a higher upfront cost...but there are other things to consider.

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Page 6: How Can Solar Lighting Save You Money

Electrical Installation

The first step is to extend the electric grid to the lights. This includes:

Step down transformers

Trenching and boring

Underground wire

Estimated Total Cost: $3200.00

The next step is to set the pole and mount the fixtures:

Set Pole

Mount Fixture and Bracket

Estimated Total Cost: $750.00

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Page 7: How Can Solar Lighting Save You Money

Solar Installation

With solar all you need to do is set the pole, mount the solar and battery assembly, and mount the fixture and bracket, that’s it:

Set Pole

Mount Solar and Battery

Mount Fixture and Bracket

Estimated Total Cost: $750.00

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Page 8: How Can Solar Lighting Save You Money

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Electrical Costs to Operate

The national average electrical costs is .18/kWh

The average night is 12 hours and uses 3.6 kWh

250 Watt HPS light consumes 3.6 kWh per night

One light costs $19.71 to operate per month

One light costs $236.52 to operate per year

One light costs $5,913 to operate over 25 years

Cost to operate AC powered lights adds up fast! Over 25 years, a mere 10 lights will cost over $59,000 in electrical costs alone! And that is assuming that the cost of electricity does not go up in the next 25 years.

Page 10: How Can Solar Lighting Save You Money

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Electrical Maintenance

Maintenance of the lamp and photocell

Lamp Replacement (5 years) $200

Photocell Replacement at (5 years) $85

Labor for Replacements $750

Estimated Total Cost: $1035

This estimation is for 25 years of operation

Page 11: How Can Solar Lighting Save You Money

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Solar Maintenance

The only routine maintenance required on a SEPCO solar lighting system is:

Battery Replacement (6 years): $1050

LED Lamp Replacement: (12 years): $850

Labor for Replacements: $1100

Estimated Total Cost: $3,000

This estimation is for 25 years of operation

Page 12: How Can Solar Lighting Save You Money

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Overall Savings

AC Power Light

Parts: $1,350

Installation: $3,950

Electricity: $5,913

Maintenance: $1,035

Total: $12,248

Solar Power Light

Parts: $4,700

Installation: $750

Electricity: $0

Maintenance: $3,000

Total: $8,450

Page 13: How Can Solar Lighting Save You Money

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But Wait…There’s More

By installing solar you will receive a 30% Federal Tax Credit of the purchase price and installation of the solar light.

$5,450 – 30% = $3,815

That brings the final cost of the solar light down to

$6,815 after 25 years

Note: Additional State, Local, and Utility Credits are available that can lower the cost more. Visit www.dsireusa.org for more info.

Page 14: How Can Solar Lighting Save You Money

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Conclusion

While the high upfront cost of solar lighting can be daunting at first glance, the reality is that in the long run, solar lighting is far more economical than standard AC power lighting when all things are taken into consideration (i.e. parts, installation, electricity and maintenance). Better yet, solar lighting is good for the environment and will eliminate thousands of pounds of CO₂ over their lifetime.

*This comparison is for a standard 250 Watt HPS fixture vs a 40 Watt LED fixture as the LED can meet minimum lighting requirements standardly used for roadway applications.

Page 15: How Can Solar Lighting Save You Money

Benefits of Solar Lighting

Solar lighting also has many excellent qualities. It is a green alternative to traditional lighting, it is low cost and practically maintenance free, and there is no power bill associated with utilizing solar since the power is not coming from the grid. Solar is also low voltage which makes it much safer to install and operate. Finally, solar lighting is renewable and promotes sustainability; its only requirement is the sun for operation.

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One of our solar specialists would be happy to help you choose the best option for

your lighting needs and provide clean,

renewable solar energy!

OR See our Guide to:

Solar Lighting

Check Out An Amazing Case Study


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