Read more:https://university.upstartfarmers.com/how-do-led-costs-compare-to-hid-lighting/ | How do indoor growers justify the high capital expense of LED lights? Lighting is a big consideration when it comes to operating cost of indoor farming. While CAPEX for LED’s is higher than other lighting types (such as HID), LEDs significantly lower OPEX – so much so, in fact, that LEDs become far less costly in the long term. Of you plan on staying in business for more than three years, the return of investment for LEDs outweighs the cost. —————– Link to lighting guide & other ebooks: Ebooks and Guides —————– Timestamps/What Covered: 1:12 The starting price of LED grow lights 1:37 What does CAPEX OPEX mean for investing in grow lights 3:05 CAPEX OPEX rough example 5:17 When you start seeing a return of investment on LED grow lights 5:45 Consider how long you want to be in business 6:14 LED’s are more durable than traditional fixtures —————– Connect with Bright Agrotech: Website: https://brightagrotech.com/ Facebook: https://www.facebook.com/BrightAgrotech/ Twitter: https://twitter.com/BrightAgrotech Instagram: https://instagram.com/zipgrow —————– Music by: Scott Gratton http://freemusicarchive.org/music/Scott_Gratton/ Related PostsIllumitex Horticulture LEDs in World’s largest Indoor Vertical Farm!LEDs for Indoor FarmersMarijuana Growing Time Lapse Video LED’s BEAT HID!LED’s, HVAC, & Breakthrough Innovations | Let’s Talk Indoor Farming!Vertical Farms in Multi-Level Controlled-Environment Greenhouses using Hydroponics & Red/Blue LED’sFarm Basics #940 Cost of Farming (Air Date 4/10/16)
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