7 Apr 2015

Could savings in energy efficient lighting be clawed back?

From Nine To Noon, 9:08 am on 7 April 2015

Paul Glennie, Wellington City Council Team Leader of Strategic Planning; and Greg Skelton Chief Executive, Wellington Electricity. The latest LED lighting technology could save local authorities millions of dollars in electricity costs for street lights - but there are signs that energy and lines companies will raise their prices to make up for lost revenue. A study by Wellington City Council has shown it could make savings of between one and one point five million dollars a year based on current electricity tariffs, but a big risk with moving to the new technology - which provides better, brighter lighting and other advantages - is that any savings made, might be clawed back.