As most of you probably know, LED lighting is the way of the present. They are highly efficient, dropping in price all the time and last much longer than traditional lighting technologies.
The question that many people are asking now is whether they should upgrade to LED lighting now, or wait for OLED lighting to drop in price before they use that. The truth is that the question is much like asking whether to buy a computer today, or wait for a better one next year.
There will always be better technology coming out shortly in a fast-moving industry, so the question of whether to upgrade now really boils down to two key problems:
Cost – Does it make economic sense to upgrade now and will upgrading now preclude larger savings from waiting?
In the case of LED lighting, in almost every case it makes economic sense to upgrade lighting from traditional sources to LEDs immediately. The question is will OLED technology present an even bigger saving that upgraders could take advantage of. Unfortunately, the answer to this question is still – likely not. OLED lighting is still much too expensive to show the financial benefits attainable through current LED solutions. This is a situation that will likely persist for some time as the technology is unlikely to be as cheap as LED anytime soon.
Function – Do you need to make use of the new features of OLED?
OLED lighting’s biggest advantage is its thin and flexible nature. Being able to bend it into more or less any shape desired is a revolution for the lighting industry. It allows designers and home owners to develop incredible lighting ideas without a massive budget. So if you can bear the extra cost, you could end up with a design that it truly revolutionary.
In our opinion a mixture is probably the best strategy for most designers. Using LED lighting where possible to save money and increase efficiency, but blending in some OLED elements if there are spaces that would be enhanced by the revolutionary new light. Ten years from now when you are looking at replacing your LED lights, OLED should have reached its potential and will probably be the only light you want, until then a gradual move makes sense.
And of course, if you still have older style lighting, its time has already passed. Upgrade today!