Ratepayers will save more than $2 million annually with the City launching the first stage of a major energy savings program.
Mayor Tom Tate said the new program, to be rolled out in Surfers Paradise between August and November this year, will involve the council installing nearly 900 LED street lights.
“The City’s annual electricity bill is around $28.7 million and without introducing energy saving initiatives such as this, it could increase by about 50 per cent over the next five years,” said Mayor Tom Tate.
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“Like all households, we need to do everything we can to minimise that outlay. Council has agreed to a wide-ranging energy saving program that tackles every facet of our energy consumption, and drives home savings for the ratepayer.’
“From August, we will be installing 892 of these high-tech street lights across Surfers Paradise. This program alone will save 50 per cent in electricity consumption annually,’’ Mayor Tate said.
The initial installation will cost around $1 million, but the Mayor said “we know that after around six years, the investment will have been achieved and savings will roll on from then.”
The LED luminaires street lights will be installed by November 2017. Following Surfers Paradise, the lighting upgrade will be rolled out across the city replacing over 50,000 street lights.