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Property News

Sydney boosts green credentials with LED street lamps

April 05, 2012

Whether you're interested in buying or renting property in Sydney, it's no secret that green credentials are becoming an increasingly important consideration for many residential property owners.

Eco-minded Sydneysiders will therefore be pleased to hear the news that their city has become the first in Australia to adopt carbon-friendly street lamps.

City of Sydney lord mayor Clover Moore anticipates that the rollout of LED street lamps - which will replace 6,450 lights across the city centre, could reduce Sydney's electricity bills and maintenance costs by $800,000 a year.

The new lamps are aesthetically-pleasing too. According to a City of Sydney survey, over 90 per cent of residents found test LED lamps appealing - with many saying they improve visibility.

Moore said the installation of the lights will begin in front of Sydney Town Hall on George Street. The rollout will cost $7 million and take three years to complete.

The lights, she added, will help Sydney on its way to achieving an important goal - reducing the city's greenhouse gases by 70 per cent before 2030.

LED lights are also a great way for homeowners to save money. Replacing standard bulbs with energy efficient ones can help you cut down on your electricity bills, whether you're a tenant or an owner-occupier.

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