Financing model to promote the transformation of New Zealand LED street lamp

According to foreign media today (10) reported that the New Zealand energy and Resources Minister Simon Bridges said that due to the acceleration of the financing model, the city streets will soon be installed on the LED lighting fixtures.

Yesterday (9 days), in road lighting session in Oakland, the minister announced a New Zealand transport agency (NZTA) policy changes, this change can be faster to allow local authorities to obtain funds will be upgraded to LED lighting road lighting.

Over the next three years, the New Zealand transport and local governments will be able to spend about $66 million to upgrade existing road lighting to LED lighting. There are now signs that another $39 million will be spent over the next three years, starting in 2018.

Due to lower energy consumption and lower maintenance costs, the total cost of LED lighting is less than 20%. It is understood that the annual cost of New Zealand road lighting for $50 million. According to 50% of the energy consumption and maintenance costs of 70% to calculate, LED can save $10 million a year.

LED road lighting can restore the color of the object more real, improve resolution, thereby enhancing the safety of urban roads, reduce crime and destruction, reduce light pollution.

It is understood that there are currently about 370 thousand New Zealand street lamp, only the use of LED technology, and the rest are all high-pressure sodium lamp. Oakland Transportation Bureau has assumed to upgrade all the street lights. Over the next four years, the 40 thousand lights will be replaced by LED. (compile / China LED network Nicole)

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