Tuesday, April 25, 2017

"moving to LED would save approximately $70,000 per annum"

From the Milford Daily News, articles of interest for Franklin:

"Seeking energy efficiency, the town is exploring options to replace its current streetlights with LED versions. 
Deputy Town Administrator Jamie Hellen said this latest effort was prompted by new state incentives for making the switch. 
“The state Department of Energy Resources is offering a 30-percent grant on the labor and materials costs,” he said. “I know the town of Franklin had looked at this in the past, but the return on investment then was still seven or eight years.” 
The DOER money, Hellen said, would change that break-even date, meaning the town would start seeing overall savings in half the time. The entire project is estimated to cost around $600,000, with the town hoping for about $250,000 to offset that - a combination of utility company incentives and the approximately $135,000 state grant."

Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20170425/franklin-exploring-streetlight-switch

street lights could be switched to LED with a state grant to help reduce the payback time on the total cost
street lights could be switched to LED with a state grant
to help reduce the payback time on the total cost

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