Published on March 15th, 2012 | by Elizabeth Smyth0
Cost Analysis Tool Helps Cities Switch to LED Lighting
The DOE Municipal Solid-State Street Lighting Consortium, in collaboration with the Clinton Climate Initiative, recently launched a free cost-benefit analysis tool for municipalities, utilities, and other organizations as a method for analyzing the cost and return from lighting efficiency projects.
The model will help municipalities better understand all of the costs involved with a lighting retrofit, as well as provide accurate projections of kilowatt and dollar savings. The Microsoft-Excel-based tool comes preloaded with sample data and offers flexibility and customization, allowing municipalities to provide specific inputs and override functions where necessary.
While there are numerous lighting retrofit calculators available for residential and business consumers, municipalities face unique challenges that aren’t addressed in these calculations. This tool helps to not only answer these unique questions but also addresses the important issue of project financing. The stage when many projects get derailed.
We’ve already reported on several cities that successfully made the switch to energy efficient street lights. Hopefully the trend continues as additional municipalities see the cost and environmental benefits to switching to efficient lighting sources.
Source: U.S. Department of Energy
Picture: City of Boston