AGENDA ITEM SUMMARY
Approve the creation of three LED Street lighting rates as follows:
- ST LED 2C - $12.50/month
- ST LED 4C - $20.00/month
- ST LED 6C - $26.00/month
Electric Director Bill Bosch will address.
SPECIAL CONSIDERATIONS OR CONCERNS: |
No rate currently exists for LED street lighting.
Staff recommends approval.
These rates provide for the recovery of the cost of the fixture, energy and maintenance over a five year period, and provides additional revenue thereafter. |