Owen Sound Council has approved a plan to convert the City's roughly 2,000 streetlights to LED lights, at a cost of 1.3-million dollars ($1,289,882).
Councillor Jim McManaman tells Bayshore Broadcasting News the concept will slash the roadside light fixture's energy consumption by 40 to 70 per cent annually.
That would dramatically reduce Owen Sound's streetlight budget in terms of operation and maintenance from $170 per fixture to $53 per fixture.
With increasing energy costs, McManaman says this will bring welcome relief.
The LED streetlights have a ten-year guarantee, and their overall life span has been conservatively pegged at fifteen to twenty years.
Councillor Bill Twaddle, who also 'Chairs the Operations Advisory Committee', tells us the retrofit will begin sometime in 2014, allowing Owen Sound to qualify for a $50,000 Ontario Power Grant.
The communities of North Bay, Mississauga, Kingston and Welland are leaders in Ontario and have completed or have LED streetlight conversions underway.
Currently, Owen Sound spends $350,000 on streetlights annually, but the LEDs are expected to reduce that budget significantly.