Saturday, January 30, 2010

LED Lighting Retrofits Can be Financed with ESCO programs

LED lighting is very appropriate and desirable for Lighting Retrofit Projects. In addition to reduced maintenance costs, longer service life, and manageability of illumination levels, LEDs provide savings of up to 75% on electricity, and focus light specifically where needed reducing light pollution. Effective luminous efficiency is therefore better than other, older luminaire technologies.

Many LED suppliers finance retrofit costs out of energy savings through ESCO programs. By adopting LED lighting strategies for streets, walkways, parks and buildings, cities and counties can achieve a double benefit
- 1) reducing the money they waste each year on energy (economic benefit),
2) reducing the amount of carbon pumped into the atmosphere powering inefficient, power-hungry lights (environmental benefit). Stimulus projects are supposed to put people to work while at the same time helping address our various environmental and economic problems, and thus, LED retrofits of outdated lighting systems may thus be the perfect stimulus project.

As well, the effort being made by the city to address these issues would be quite apparent to citizens with LED retrofit projects, due to high visibility of LED products (a shining advertisement for the environmental and economic responsibility demonstrated by the city every night).

Information reprinted from http://www.stimuluswatch.org/project/view/9708

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