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Stock impact report

City of Lincoln Boosts Sustainability, Safety Through Transformative Street Lighting Project with Schneider Electric

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: PR Web
LINCOLN, Neb. (PRWEB) October 10, 2018 Energy and sustainability expert Schneider Electric today announced it is working with the city of Lincoln, Nebraska, on a city-wide street lighting retrofit project that will improve the city's safety and sustainability efforts while reducing its utility budget by 38 percent. The $12.2 million project will provide the City with significant annual energy and maintenance savings.The City of Lincoln's street light system contains thousands of aging street lights that require significant maintenance and are not designed for optimal energy efficiency. Lincoln turned to Schneider Electric to convert its 26,799 street lights to LED technology, which provides a number of benefits including: Improved light quality to offer better visibility and improve safety for city residents High energy efficiency to reduce greenhouse gas emissions and energy consumption Reduced maintenance costs due to longer lifespan compared to traditional street lamps I Show less Read more
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