
Light fixtures are important elements in any home. Find out how much it costs to install a light fixture based on factors like type, location, and labor.
Illuminate your annual electricity budget
The average cost of one LED bulb is $1.24 per year.
Standard incandescent bulbs cost $7.45 per year on average.
Find your utility company’s electricity rate on your bill (cents per kWh).
Swap for energy-efficient light bulbs to save the most money.
Whether you want to budget for a new light fixture or understand your current energy use, this calculator will show you how to calculate the annual price of a light fixture. Learn how much a light costs per year, depending on the type of bulb, number of bulbs, and average usage.
Refer to the table below to estimate how much your light costs per year, using your light bulb’s wattage and the electricity rate set by your utility company. For each type of bulb, the wattage varies based on the lumens, or brightness of the bulb.
The chart is for a single light bulb and assumes two hours of usage per day, the average daily use in U.S. households. Electricity rates differ significantly across the United States, ranging from 7.18 cents per kilowatts per hour (kWh) to 42.34 cents per kWh. The average cost per kWh is 17 cents.
Type of Bulb | Light Bulb Wattage | Electricity Rate (Cents Per kWh) | Cost Per Year |
---|---|---|---|
LED | 5–24 | 7.18–42.34 | $0.26–7.42 |
CFL | 13–23 | 7.18–42.34 | $0.68–$7.10 |
Halogen | 8–60 | 7.18–42.34 | $0.42–$30.91 |
Incandescent (Standard) | 25–100 | 7.18–42.34 | $1.31–$30.90 |
Fluorescent Tube | 28–96 | 7.18–42.34 | $1.47–$29.67 |
Using your wattage, daily usage, and electricity rate, apply the following formula to determine how much your light costs per year:
Cost of Light for a Year = (Bulb Wattage x Number of Bulbs x Daily Hours x 365 Days / 1,000) x Electricity Rate
Example: $3.72 per year = (10W x 2 bulbs x 3 hours x 365 days / 1,000) x 0.17 per kWh
There are a few main factors that impact the cost of a light and help you calculate how much your light costs per year.
The wattage is the power consumption of the light bulb, such as 14W or 60W. It’s listed on the base of the bulb or the light bulb box. The higher the wattage, the more energy it uses and the more expensive it is. To determine the kilowatts per hour, which is how utility companies charge you, divide the number by 1,000 to convert watts to kilowatts (for kWh).
Your utility company’s price per kWh is determined based on regional factors. Look at a recent energy bill to see your current rate, often shown as “cents per kWh.”
If the light fixture has four bulbs, the total wattage and energy use is higher compared to a single bulb.
The more hours the light is on, the more energy is used.
Whether you want recessed lighting or a new fixture with a dimmer, a licensed electrician near you can install a fixture and ensure it’s wired correctly. If you have fixtures high on the wall or ceiling, an electrician can safely change the light bulbs or swap out your fixture. The cost of hiring an electrician ranges from $160 to $540, depending on your project and local labor costs.
From average costs to expert advice, get all the answers you need to get your job done.
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