Economies of scale, maturing of technology, repeated trials and errors have made LED lightings cheaper, longer lasting and safer. While we may hold back implementation in anticipation of above, the question we need to ask is; What is the opportunity cost in giving up the actual cost savings that will be received if replacement had been already done. Get your finance guys to work out the net present value ("NPV") of the project and you have doubts about this golden cost saving opportunity for the company.
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The price decline of LED lightings is tapering to a flat already. Any further reduction in price will certainly affect quality, lifespan and efficiency. To determine what is the best price to get LED downlights, strips or other fixtures, do talk to lighting specialists or us.