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Modern outdoor light fixtures are waterproof and weather resistant, and, provided they’re installed correctly and by a professional, the fixture and wiring can last for 20 to 30 years or more. The lifespan will depend largely on the quality of the fixture. The lifespan of the bulb will depend on the type of light you install:

• CFL bulb (for sustained use): 15,000 hours

• Halogen bulb (mostly for security): 2,000 hours

• HID bulbs (for security): 12,000 hours

• Incandescent bulb: 1,000 hours

• LED bulb: 50,000 hours

The cost to repair a short circuit depends on the type of repair. A faulty outlet or simple loose wire can be a simple fix that might only cost a handful of dollars. For example, if you need to rewire a house, you’ll spend around $2 to $4 per square foot, but replacing an entire electrical panel costs anywhere from $500 to $2,100.  

You can take a few steps to prolong the life of your holiday lights. Make sure to replace burnt-out bulbs as quickly as possible to avoid overloading the rest of the circuit and knocking out more lights. Before packing them up each year, plug each strand into the wall to confirm everything is still working. Wrap the lights carefully back into their original packaging or something similar—winding a strand tightly together or leaving it to hang loose in a storage bin can lead to frayed or damaged wiring. 

High-quality landscape lights that are hardwired and properly maintained can last for 10 to 25 years or more. You’ll usually get a longer lifespan from soffit lights and wall-mounted lights that aren’t directly exposed to the elements or prone to damage from foot traffic or vehicle traffic. Solar-powered and battery-powered lights often won’t last as long, but you can still expect a lifespan of five to 15 years.