EAGA has recently completed a regional business case for the replacement of major road across the region. The findings show that replacing all inefficient major road lights with energy efficient LEDs could save $61.6M in electricity costs and cut emissions by 236,682 tonnes over the next 20 years.
Local Government’s experience in retrofitting residential street lights demonstrates that councils can leverage significant economies of scale and implementations efficiencies by undertaking joint procurement and project management. EAGA members have begun planning to undertake a joint retrofit program in the 2019/20 financial year.
Establishing a partnership with State Government to replace cost-shared lights
The operating costs of over 16,000 lights within the region are shared 60:40 with Vic Roads. In May 2018, EAGA met with the Minister for Roads (Hon. Luke Donnellan MP) to discuss an equitable co-investment model for replacing cost-shared lights. EAGA’s business case report demonstrates that the region may forgo savings of $2.1M and 7,592 tonnes of emissions annually if the lights remain unchanged. An estimated up-front investment of $8.8M is required from the State to unlock and bring-forward a larger investment of $14.5M from EAGA councils, which would be recouped in ~5.5 years.