LED lights are very cost effective and the savings are twofold… Firstly, the LED technology is extremely efficient and so you will use around 90% less electricity than traditional lighting. Secondly, as the LED light has a huge life expectancy you will save on the cost of replacing the old traditional bulbs and also the hassle of physically replacing them. Admittedly – the initial purchase cost of LED lights is generally greater than that of traditional lights; however, total cost of ownership is generally much lower. Return on Investment is usually achieved in a very reasonable period of time with LED lights.