I'm one of those people currently on the fence with my lighting. I'm in the midst of a new build and am extremely confused. I've always been a halide guy...400 watt Radiums on Galaxy ballast with VHO actinic. I want to believe in LED's but this is how I'm looking at it:
1. Three 400 watt halides on for 6 hours per day:
2. 160 watt VHO Super Actinic for 4 hours per day:
1,200 watts x 6 hrs= 7,200 watts= 7.2 kw = $1.08 per day (.15 per kw)
320 watts x 4 hours = 1,280 watts = 1.3 kw = .30 per day (.15 per kw)
$1.08 x 30 days = $32.40
$.30 x 30 days = $9.00
This is $41.40 per month x 12 months = $496.80 in electirc costs per year
Bulbs replaced once per year ($250 for 3 Radiums) ($45 for 2 Actinic VHO)
Yearly cost to run my current lighting regimen: $791.80
Cost to switch to LED:
To match lighting output of my current setup I would need a minimum of 6 AI Sol units over my new 195 six foot tank:
Cost of Sol set up of 6 modules, hanging kit and controller $2,543
6 hours at 100% 73 watts = 438 watts per unit x 6 units = 2,628 watts = 2.63 kw at .15 per kw = .39 per day
4 hours at @30% of 73 watts = 88 watts per unit x 6 units = 528 watts = .53 kw = .08 per day
.39 per day x 30 days = $11.70
.08 per day x 30 days = $2.40
This is $14.10 per month x 12 months = $169.20 per year assuming no malfunctions in LED components.
Assuming the advertised 50,000 hour lifespan of the LED lighting I would get the following:
50,0000 hours divided by 10 hours per day = 5,000 days = 13.7 years
If all things are left constant with no replacement to halide and VHO ballasts or LED components, the following is my cost breakdown and break-even point
Year 1
Halide/VHO: $791.80
LED: $2,543 + $169.20 = $2,712.20
Year 2 (Running totals)
Halide/VHO: $1,583.60
LED: $2,881.40
Year 3
Halide/VHO: $2,375.40
LED: $3,050.60
Year 4:
Halide/VHO: $3,167.20
LED: $3,219.80
Basically, a few months into year 5 I would break even on the LED switch if I were to switch from my current setup. I realize that there are many unforeseen variables that may apply. Some may scream that I didn't include a chiller. I've never needed one because of efficient reflectors hung 16 inches off of the water's surface. Also, the LED system I mentioned is closer in PAR comparison to a 250 watt halide system which would have broken even in year 7 instead of 5. If I were to go with a high end t5 fixture the break even is somewhere in the middle of year 8.
I did this to show that even though LED is the future of the hobby, there is currently no need for me personally to switch from a proven SPS growth and color lighting machine. Many people who read this will not even keep a car this long, let alone a reef tank. Some will leave the hobby, some will shift focus of their tanks and some will simply move on to other new technology as it develops in the next few years. If I could justify a 2 to three year break even then I would do it, but saying that I would go LED for the long haul starting right now the numbers don't make sense.
I'm open to suggestions if someone can show me an economical reason to switch, but I just don't see it making sense for those of us that have a currently successful lighting system unless we just want to be early adopters of new technology.