Funding for the project has been secured through a 1% loan offered through the California Energy Commission, which the City will be paying back through energy savings. The annual energy and maintenance savings generated by moving from HPSVs to LEDs amounts to approximately $14,000 and $11,000, respectively. $14,000 will be used annually to pay off the loan amount, with $11,000 in savings going towards the City’s general fund. The 1% loan will be supplemented with a $25,000 Energy Efficiency Conservation Block Grant (EECBG) and nearly $29,000 in PG&E rebates. The loan will be completely paid off in 15 years.
The retrofit will include nearly all of the streetlights in Brisbane, as well as a portion of those located in the Sierra Point Shared Use Parking Lot. The decorative lights on Visitacion and those in the Northeast Ridge will not be replaced at this time. Retrofitting Brisbane street lights helps reduce the community’s ecological footprint, with street lights representing over a third of the City’s energy consumption. This is a prime example of a win-win-win change. Not only do we reduce our energy consumption and save our community money, but we also provide increased lighting quality to our community.
For more information on the LED Street Light Project, please click here to be taken to the project's Information Sheet.