LED Roadway Lighting Ltd. (LRL) recently announced an LED street light fixture financing program via LRL Global Finance Solutions. This new program provides municipal and other end users of street and area lighting assets with a financing program that features competitive rates and various payment options.
Municipalities face increasing challenges in the current economic climate. Balancing a relatively finite revenue stream against the increasing cost of services that are demanded by constituents is a complex task. Municipalities are concerned about the state of public infrastructure, but are left with few feasible alternatives to deliver the services required at a manageable cost. In many cases, this also means that installation of energy saving equipment that will pay significant dividends in the future is postponed, thereby losing the potential savings over the long term because of current economic constraints. In the case of public lighting systems, many municipalities have even considered removing or disabling street lighting assets, which raises concerns about public safety.
LRL Global Finance Solutions provides municipal users of street and area lighting assets with a financing program, using either a capital or operating lease structure. The program is intended to be flexible, and provide a range of options to the client that best match their needs. The end result is the ability to take advantage of the many cost saving benefits of LED street lighting now, within a manageable cost structure. For further information please contact us at firstname.lastname@example.org.
LED Roadway Lighting Ltd. is a Canadian-owned and operated clean technology company that designs and manufactures energy efficient LED streetlights and adaptive control solutions. Our goal is to create positive environmental change through the development of future-proof products and sustainable technology solutions. Our LED luminaires are designed to provide on-going maintenance savings, long-term energy savings, and a short return on investment for our customers. Our environmentally friendly luminaires improve safety and lighting quality while reducing energy consumption, light pollution, and carbon emissions. On average, our LED luminaires provide 60% energy savings versus conventional technology. Our smart street lighting products are installed worldwide in more than 60 countries.