Warrnambool City Council’s energy efficient street lighting project
The Warrnambool City Council expects to realise annual savings of over $100,000 at current prices, with the new globes expected to reduce energy usage by up to 68 percent.
The Warrnambool City Council has committed $872,500 to the $3 million Great South Coast Street Smart Lighting project. About 2200 lights will be installed in residential streets in Warrnambool over the next couple of years as part of broader plans by six local government authorities to replace more than 7600 mercury street lights with more efficient lights, according to Warrnambool’s mayor, Michael Neoh.
While Warrnambool’s street lighting is owned and operated by Powercor, council pays for maintenance and operation. “By working with Powercor on this upgrade we’re expecting to realise annual savings of over $100,000 at current prices, with the new globes expected to reduce energy usage by up to 68 percent,” Neoh notes.
Low Carbon Australia will provide finance for just over 50 percent of the Warrnambool City Council’s $872,500 commitment to the larger $3 million Great South Coast Street Smart Lighting project.
Warrnambool will fund the balance of the costs of the street lighting project through an Australian Government Community Energy Efficiency Program (CEEP) grant of up to $1.4 million for the group of regional councils, which also include Shires of Colac Otway, Corangamite, Moyne, Southern Grampians and Glenelg.
According to Low Carbon Australia’s CEO, Meg McDonald, the cost savings from the Warrnambool street lighting project would be greater than the loan repayments, meaning that Warrnambool ratepayers would be better off from day one.
Low Carbon Australia also recently assisted Richmond Valley Council in New South Wales with finance for a project that helped that council reduce its street lighting energy costs by about one third.