The ROI of Upgrading Your Home to Smart Lighting Control
With the modern day’s rapidly advancing technological landscape, homes are not just shelters–they’re evolving into interfaces that interact and respond to our needs. One significant leap in this direction is the implementation of advanced lighting control systems.
These advanced or smart lighting control systems allow users to automate or streamline how lighting is controlled in their home with motion sensors, Wi-Fi-connected devices, and more. While the initial investment may seem daunting to some, the long-term returns are substantial. Let’s dive into the ROI of upgrading your home to advanced lighting control.
1. Energy Efficiency & Cost Savings
The most direct ROI comes from energy savings. Advanced lighting control systems can automatically adjust lighting levels and eliminate unnecessary use of power. This is possible through various systems such as:
- Occupancy Sensing: Lights automatically turn off in unoccupied rooms.
- Daylight Harvesting: Adjusts artificial lighting based on the natural light entering the room.
- Scheduled Lighting: Allows homeowners to set schedules, ensuring lights are only on when needed.
- Remote Lighting Control: Allows users to control their lighting from a Wi-Fi-connected smartphone or tablet from any location.
According to a Heschong Mahone Group study referenced by Lutron, homes can achieve up to 60% potential energy savings with dimmers and sensors. This can translate to significant cost savings on energy bills. The cost-effectiveness of smart lighting is further emphasized by the U.S. Department of Energy.
Over time, switching out traditional light switches for smart lighting control will result in even more cost savings on energy bills.
2. Increased Property Value
Smart homes are becoming increasingly appealing to prospective buyers. According to Coldwell Banker’s 2016 Smart-Home Marketplace Survey, referenced by the National Association of Realtors, 44% of millennial buyers are willing to pay an extra $3,000 or more for a home with smart features. Get started with your lighting control today.
3. Extended Bulb Lifespan
Dimming lights don’t just create ambiance. By reducing the electricity sent to the bulb, dimming can significantly extend the lifespan of your bulbs, especially LEDs. Fewer bulb replacements mean both cost savings and reduced maintenance time.
4. Health & Wellbeing
While it’s challenging to put an exact number on health benefits, human-centric lighting — which mimics natural daylight patterns — can have significant advantages:
- Better Sleep: By mimicking natural light patterns, lighting controls can help regulate our circadian rhythms, leading to better sleep.
- Increased Productivity: Proper lighting can reduce eyestrain and improve concentration.
The long-term health benefits could translate into fewer medical bills and increased productivity in work or daily tasks.
5. Safety & Security
Advanced lighting systems can mimic occupancy, turning lights on and off in patterns that make it appear as if someone is home, deterring potential burglars. Also, integrated systems can light pathways in emergencies, aiding safe evacuation. While safety and security bring peace of mind, they also potentially reduce insurance claims related to burglaries or accidents.
6. Integration with Other Smart Systems
Modern lighting control systems often integrate seamlessly with other smart home systems, such as security, HVAC, and entertainment. This interconnectedness can lead to further savings and convenience. For instance, during summer, lights could be dimmed when the temperature rises, reducing lighting and cooling costs.
While the initial cost of installing an advanced lighting control system in your home may require some investment, the myriad of benefits, from cost savings to enhanced quality of life, means that the ROI is multi-faceted. Whether you’re looking to make a long-term economic decision, improve your daily living experience, or future-proof your home, upgrading to an advanced lighting control system is a bright idea.