SUBJECT: General Business
Title
A Resolution of the Board of Trustees of the Town of Erie Approving an Agreement with Tanko Lighting for a Streetlight Inventory Audit Services
Body
DEPARTMENT: Public Works
PRESENTERS: Tyler Kesler, Sustainability & Water Conservation Specialist
Alex Wurzel, Senior Energy Advisor, Tanko Lighting
TIME ESTIMATE: 20 Minutes
only required for non-consent items
FISCAL SUMMARY:
Cost as Recommended: $36,174.60
Balance Available: $56,700.00
Budget Line Item Number: 100-70-110-560100-000000
New Appropriation Required: No
STAFF RECOMMENDATION:
Recommendation
Approve the resolution authorizing the agreement with Tanko Lighting to complete an inventory/audit and financial analysis of acquiring the streetlights in the Town of Erie.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
Xcel Energy and United Power own and maintain most streetlights throughout the Town. Most of these streetlights are energy inefficient high pressure sodium fixtures, not the more efficient LED fixtures. Xcel and United charge the Town to operate and maintain these streetlights.
In June, the Town engaged Tanko Lighting to conduct an initial study for the Town to evaluate the costs and benefits of acquiring all existing streetlights in Town from Xcel and United, converting the streetlights to LEDs, and assuming responsibility for maintaining the streetlights on an ongoing basis. Tanko representatives presented the results of this initial study to the Board on June 16, 2020.
That initial study, which cost $3,000, made assumptions about the age and wattage of existing streetlights in Town and on projected maintenance expenses. Based on those assumptions, the study concluded the Town could save about $220,000 annually on energy and maintenance costs, recover the estimated $2 million acquisition and conversion cost in about 10 years, and result in net savings of about $2.4 million over a 20-year period. Thus, the initial study suggests acquiring the str...
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