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New DOE Consortium Financial Tool Figures Impact of Switching to LED Street Lighting

The U.S. Department of Energy's Municipal Solid-State Street Lighting Consortium has released an economic cost-benefit analysis tool to help cities, utilities, and other organizations estimate the costs and impacts of switching to street lighting that uses light-emitting diodes (LEDs). The Excel-based Retrofit Financial Analysis Tool was developed in collaboration with the Clinton Climate Initiative. Users input data on the relevant variables for their particular application to get a detailed analysis that includes annualized energy-cost savings, maintenance savings, greenhouse gas reductions, and simple payback. To download the tool see www.ssl.energy.gov/financial-tool.html.

To learn more about the Consortium, visit www.ssl.energy.gov/consortium.html.