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LED Billboards Not So Green |
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1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37
The cost for installing a full-color LED billboard, not including the real estate, is 1/4 to 1/2 million dollars, but owners get a lot more in fees for the LED billboard ($14k LED vs. $2k paper per month on average, depending on location). On top of that, they can sell space for more than one ad at a time to multiply the revenue. So, with 4 ads rotating in time, that can mean $50k per month, or $600k per year. ROI break-even can occur in the first year, including a $25k per year energy bill. The numbers used here were pulled from Illuminating the Issues Digital Signage and Philadelphia's Green Future, by Gregory Young, but it appears to be typical of other sources readily available. Some municipalities and even states have banned the use of LED billboards because they are considered too much of a distraction. Vermont, where I lived and attended UVM from 1986-1989, has had a total ban on ALL billboards since 1968. It is the only state where you can drive from end to end, top to bottom, sided to side, and never see a billboard. It's kind of funny that as you cross the state line into Canada, Maine, New Hampshire, Massachusetts, or New York, you are immediately inundated with a barrage of billboards.
Posted November 17, 2011 |
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