How much total estimated spending for 9,666 lights? $48-51 million

How much is the project increasing your prop. tax bill? $145 annually for a $350k house

How long to make back the money spent? 31-34 years

How long to see full $2.9 million annual savings? 21 years

How long average lifespan of the materials/LED lights? 25 years

Why was this project done? NYS Gov. Cuomo/Hochul had a ‘Go Green’ Initiative for climate reasons, 500k streetlights to LED by 2025

How many bids were submitted? 5 requested, 3 submitted - Wendel & TOA went with the lowest of bids

Who is doing what? CATCO is contracted ($4.6 million) to work on the decorative lights & O’Connell is contracted ($2.3 million) to work on the high traffic lights

When does the TOA say the project will be completed? ‘Track Us’ notes up to a full year (announced May 2023)

How much did the materials cost (LED lights & pieces)? Up to $4 million

How much did the acquisition of the streetlights as-is from National Grid & New York State Electric and Gas Cost? $15.1 million

What was the remaining $13.4 million for? Contracting, allowance & contingency unknowns, administrative fees, asset management, other

Did the TOA receive any grant or help to fund the project? $100k from NYS grant. (It appears 3rd party incentives up to $500k where not taken advantage of due to the short term financing or through NYPA needed and not actioned on).

Where are the savings coming from? The majority of the savings is from acquiring the streetlights under TOA management (80% of total bill were for mgmt./costs to National Grid & New York State Electric and Gas), (however, full savings cannot be confirmed as maint. costs and repairs is unknown). The savings from switching fixtures to LED is smaller (energy costs 20% of the total bill) and the savings to the environment equal about 170 cars off the road a year.