SSL Pricing and Efficacy Trend Analysis for Utility Program Planning
An LED lamp or luminaire can generally be found that matches or exceeds the efficacy of benchmark technologies in a given product category, and LED products continue to expand into ever-higher lumen output niches. However, the price premium for LED continues to pose a barrier to adoption in many applications, in spite of expected savings from reduced energy use and maintenance.
At the encouragement of utilities and the energy efficiency community, DOE generated projections for efficacy and pricing in key LED product categories, and in October 2013 published the report SSL Pricing and Efficacy Trend Analysis for Utility Program Planning. The report enables forecasts of the order in which important SSL product applications will become cost-effective (i.e., when each "tipping point" will be reached), looking two to three years forward. Projections included in the report are intended to help utility and efficiency program managers prioritize by LED application or category, define delivery and education approaches, and allow estimation of energy savings potential and appropriate incentive levels to help overcome price barriers.
View an October 2013 webinar presentation highlighting key findings from the SSL Pricing and Efficacy Trend Analysis for Utility Program Planning report.
Next steps and how to get involved:
DOE intends to update the SSL Pricing and Efficacy Trend Analysis for Utility Program Planning report on an annual basis, but doing so requires that we have sufficient product and purchase data including acquisition date, purchase price, product category, and rated initial lumens. Those interested in helping collect this data are asked to use the LED Price Tracking Form and follow the instructions for submitting data.