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icon Cost Comparison at Day 53

Therefore, you have the following comparison with a halide lamp:

1 Year5 Years10 Years
Halide 1,000 watt lamp setup (64 sq. ft.)$275$275$275
Halide 1,000 watt lamp$80$400$800
Monthly electricity - 16 hours @ $.09 per kwh$525$2,628$5,256
Snaplite lamp system (64 sq ft.)$5,980$5,980$5,980
Monthly Electricity - 16 hours @ $.09 per kwh$270$1,335$2,710

On a 10 year ROI, the snaplite is 37% more than the cost of a standard halide system. Under the best of circumstances, Quantum needs to halve their price to meet market conditions or $500 per snaplite, though $250 would allow them to capture substantial volume in the indoor plant growth segment.