Select Board & Town Administrator,
The Medfield Energy Committee has been investigating the benefits of converting the Town’s 347 streetlights to LED technology for the past few years.
The economics are compelling. Currently, the Town pays Eversource $41,000/year for the operation and maintenance of the lights. A conversion to LED would reduce the cost of operation and maintenance to $8,300/year.
A newly announced program from the Massachusetts Department of Energy Resources (DOER) would provides a grant to take 30% off installation costs. The $105,000 total cost of installation would fall to $68,000 after factoring in utility incentives and the 30% DOER grant. The return on the investment would be 48%, a 2.1 year simple payback.
The Medfield Energy Committee supports the conversion and urges the Select Board and Town Administrator to take the steps necessary to allocate the funds to accomplish the project as soon as possible. Jerry McCarty, Director of Facilities and Maurice Goulet Director of the Department of Public Works are both in support of the project.
We recognize there is a concern about maintenance. Contacts with suppliers and municipalities are in progress to address these concerns. Also the visual impact of the change to LED may be a concern. The Town of Westwood has converted to LED so a drive east on Route 109 might answer questions about the visual impact.
There is urgency to this request as the DOER grant program was just announced and the funds may be limited. There are many interested towns, so the Energy Committee would like to see Medfield apply as early as possible.
A financial analysis of the conversion is attached.
The Medfield Energy Committee is ready to meet with the Select Board at the earliest convenient time.
Chairman Medfield Energy Committee