Parish Meeting 2019 Proposal to change all Parish Lighting to LED - - PowerPoint PPT Presentation
Presentation to Annual Parish Meeting 2019 Proposal to change all Parish Lighting to LED lighting Current Costs Electricity 5920.46 Maintenance (Annual Contract) 2163.04 Consumable (Bulbs) 156.42 Fund for replacement lights (total
Proposal to change all Parish Lighting to LED lighting
Electricity £5920.46 Maintenance (Annual Contract) £2163.04 Consumable (Bulbs) £ 156.42 Fund for replacement lights (total failures) £1500.00 Total Costs in Annual Precept £9739.92
Electricity (projected costs 71% saving) £1243.00 Maintenance (none covered by warranty) £ 0.00 Consumable (none covered by warranty) £ 0.00 Fund for replacement lights (total failures) £ 500.00 Total Costs in Annual Precept £1743.00 Net savings per annum £7996.92
Replacement Units (168 @ £250) £42000.00 Replace Concrete Posts as nearing end of life (9 @ £650) £ 5850.00 Total Costs £47850.00 This to be funded by 5 year SALIS interest free loan less reserves for street light £8705.00 Costs for next 5 years - Electricity £ 1743.00 5 Year interest free loan £ 7829.00 (£47850 - £8705 over 5 years) Total Costs £ 9572.00 Previous Costs £ 9739.92 Therefore whole budget should be financed with no increase to Precept