Fountain Valley eyes long-term cost savings by putting Energy Action Plan into motion
The Fountain Valley City Council gave the green light Tuesday to begin negotiations for new energy-efficient streetlights and refurbishment of public facilities as part of the city’s Energy Action Plan.
The $10-million project, unanimously approved by the council, will be funded by a mix of federal Clean Renewable Energy Bonds and a 15-year financing agreement.
Climatec, an Irvine-based energy services company hired by the city, is spearheading the effort.
The plan includes installing solar panels, light-emitting diode (LED) technology to streetlights, parking lots and street signage, and upgrading various air conditioning and heating units.
Frank Mann, an account executive for Climatec, said the project would decrease greenhouse gas emissions by 20%, reduce operational costs for the city and guarantee financial results.
Officials noted that estimated $6 million worth of solar panels — added to City Hall, Founders Village, the recreation center, the police station and field services — are expected to generate $8 million in savings over a 25-year lifecycle.
In addition, having LED fixtures on the streetlights, Mann said, will result in a 50% reduction in power usage.
City staff will present a final contract to the City Council later this year.
Vega is a contributor to Times Community News.
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