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Home My WebLink About2012/05/22 Item 09 Additional Information- STREETLIGHT RETROFIT PROJECT STREETLIGHT RETROFIT PROJECT Brendan Reed Phil Davis Gordon Day Rob LeClair Matt Little MUNICIPAL (ENERGY) STATISTICS 700+ energy utility meters • Annual electricity use = 18 million kWh • Streetlights = 38% of electricity use • CURRENT STREETLIGHT INVENTORY 9,000 streetlight luminaires • 4,600 100-Watt HPS (residential streets) 3,800 250-Watt HPS (arterial streets) 600+ various wattages Pilot Project (2008) to evaluate various products • RESIDENTIAL STREETS (Phase 1) Replacing 4,600 HPS fixtures w/ LED • ‘Buy Local’ component • New GIS database for streetlight infrastructure • Financed thru CEC Loan (ARRA-subsidized) • ARTERIAL STREETS (Proposed Phase 2) Replace ~2,700 HPS fixtures w/ LED • Potentially incorporate dimmable technology • Finance w/ Qualified Energy Conservation Bonds • Qualified Energy Conservation Bonds City allocation • $2,256,207 Direct federal subsidy • 70% of interest ~2.08% net effective rate Annual savings • 1.2 million kWh $229,000 Annual debt payment • $172,739 16-year term QUESTIONS?