The typical LED consumes about 8-10 watts, equating to approximately $0.21-$0.26 monthly (or $2.48-$3.10 a year) when used five hours per day on a standard U.S. electrical rate.

Yes, LED lighting does save energy compared to traditional lighting. This is because LED bulbs use fewer watts to produce the same amount of light as an equivalent incandescent bulb. This means that LED lighting consumes up to 90% less energy than traditional bulbs and can help significantly reduce power bills.

Different lightbulbs will use different amounts of electricity, but a typical LED lightbulb for the home will use somewhere between 5 and 10 watts. LED light strips are measured in watts per foot, and for a common strip will use around 4 watts for every foot of lights.

LEDs use much less energy than incandescent bulbs because diode light is much more efficient, power-wise, than filament light. LED bulbs use more than 75% less energy than incandescent lighting. At low power levels, the difference is even larger.

By average LED provide 80-90 Lumens per watt which is equivalent to 5 times of incandescent lamps (16 lumens/Watt). Typically to get 900 lumens we can use only 10 Watts instead of 60 Watts incandescent lamps. Hence we get the net energy saving of 50 Watts.