4 Economic Benefits of Green Lighting
Did you know that incandescent bulbs use only 10% of the electricity for lighting purpose? The rest 90% energy is wasted in the form of heat! This weighs heavily not only on the environment but also on your pockets. On the contrary, green lighting has saving written all over it. It is a definitely a cleaner energy source which also proves lucrative. While many say that purchasing this lighting solution burns their pocket, the right way to look at it would be in the form of an investment.
How Green Lighting Saves Money?
A number of factors contribute to the overall benefits of this pollution-free, green lighting. Some of them are listed as under:
- Overall economic health
According to an analysis by the Innovest Strategic Value Advisors in 2002, companies that had higher energy efficiency performed better in the stock market. Superficially, these factors may seem to have no correlation but savings in energy bills raise the return from stocks over time. The social and energy audits that provide higher ratings due to green lighting are also taken into consideration. This helps a company boost its public image, thus saving on promotional costs.
- Good for health
Although some lighting products may not be as effective as the natural source of energy, they do replicate some of its properties. Some studies suggest that green lighting can help in generating Vitamin D in a human body. This help in improving overall health. The plants kept under such light sources, process their food faster making high amount of oxygen. This, in turn, acts as a natural source of rejuvenation for the human beings.
- Increased productivity
Management experts have proven that lighting and illumination had direct impact on employee productivity. Better lighting intrinsically motivates a person and makes him active. This type of lighting is the closest to natural lighting that not only motivates a person but also helps them work tirelessly. The most significant impact is on human eyes. That is why more and more offices are opting for such solutions.
- Higher valuation of property
Going green also helps in generating demands for green homes. According to a survey by National Association of Home Builders (NAHB), there has been a 50 percent rise in voluntary green lighting projects from 2004 to 2007. Not only this, the savings due to this form of lighting plus the title of being Eco-friendly also resulted in higher price tags for such properties. The ROI can be as high as 20 percent while the popularity could add up to another 5% hike.
Apart from the aforementioned benefits, this kind of lighting solution also adds to the visual appeal of the interiors. The natural light produces deep shadows that create a contrast between objects, drawing attention towards them. It also makes the color brighter and richer adding to the overall beauty of the house.
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