Towns seeking loans to install LED street lights
PUBLISHED: 10:46 11 October 2019
Archant Norfolk 2013
Street lighting is to be replaced with more energy efficient LED lights after both Long Stratton and Harleston agreed to seek loans to pay for the changes.
Long Stratton Town Council has unanimously resolved to seek approval from the Secretary of State for Housing, Communities and Local Government to take out an interest free public works loan of £22,946 in order to replace all its street lights with LED.
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The council said five-year loan would result in annual repayments of about £5,100, but that significant savings would be made from reduced electricity and maintenance costs and it had no intention of increase its council tax precept to pay for it.
Meanwhile Redenhall with Harleston Town Council is to seek secretary of state approval for a loan of £87,885 for LED replacements.
The council owns 305 street lights costing an annual electricity bill of £19,000. It says this will reduce quicker the more LED lanterns that are fitted.
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