IPL, City of Indianapolis Announce Partnership for Innovative Street Lights Conversion Plan
IPL-commissioned street light study to help municipalities identify
placement of new lights
INDIANAPOLIS–(BUSINESS WIRE)–Indianapolis Power & Light Company (IPL), a subsidiary of The AES
Corporation (NYSE: AES), and the City of Indianapolis will submit an
agreement this week for approval from the Indiana Utility Regulatory
Commission (IURC) in which IPL will retrofit more than 27,000 high
pressure sodium (HPS) street lights to light-emitting diode (LED)
technology thanks to a financial contribution from the City of
Indianapolis. Under the agreement, the City will pay all up-front costs
to convert street lighting service to LED technology, which is a cost
typically charged to the City and paid for by Indianapolis taxpayers.
The City’s up-front contribution will facilitate a net annual bill
savings for street lighting service. The agreement provides for the
largest LED street light conversion in Indiana and will benefit the City
and its residents with reduced energy usage and longer fixture life.
Through this agreement, IPL and the City have developed a long-term
street lighting strategy. Both parties are committed to embracing new
technologies that benefit the quality of life for residents and
long-term sustainability of the community.
In addition to the conversion announcement at a press conference earlier
today, IPL President & CEO Rafael Sanchez shared findings of a street
light study commissioned by the utility to help all municipalities
within IPL’s service territory to determine placement of new street
lights.
“This is a major transformation for our city and IPL wants to ensure
that all neighborhoods and communities benefit from the advantages that
sufficient lighting can provide, such as greater safety and an improved
quality of life,” said Sanchez. “By securing the agreement with the City
and completing the street light study, we are making significant strides
and tremendous progress toward a brighter, more efficient future for
everyone we serve.”
The street light study, conducted by the Indiana University Public
Policy Institute (PPI), identified the most useful metrics recognized by
elected and appointed officials, neighborhood leaders and civic
executives, including crime, pedestrian traffic, populations with
disabilities, and households with limited access to vehicles.
Subject to IURC and City-County Council approval, IPL and the City
anticipate the three-year street light conversion project will begin in
the first part of 2018.
Safety is IPL’s top priority, and we ask that our customers help us Keep
the Lights On. If you see a street light not functioning properly,
please report it online at IPLpower.com or by calling IPL’s “Lights Out,
Day or Night” number at 317.261.8111.
About Indianapolis Power & Light Company, AES and SEPA.
Indianapolis Power & Light Company (IPL), an AES Company, provides
retail electric service to more than 490,000 residential, commercial and
industrial customers in Indianapolis, as well as portions of other
Central Indiana communities surrounding Marion County. During its long
history, IPL has supplied its customers with some of the lowest-cost,
most reliable power in the country. For more information about the
company, please visit www.IPLpower.com
or connect with us at www.twitter.com/IPLpower,
www.facebook.com/IPLpower
or www.linkedin.com/company/IPLpower.
The AES Corporation (NYSE: AES) is a Fortune 200 global power
company. We provide affordable, sustainable energy to 17 countries
through our diverse portfolio of distribution businesses as well as
thermal and renewable generation facilities. Our workforce of 19,000
people is committed to operational excellence and meeting the world’s
changing power needs. Our 2016 revenues were $14 billion and we own and
manage $36 billion in total assets. To learn more, please visit http://www.aes.com.
Follow AES on Twitter @TheAESCorp.
Contacts
Indianapolis Power & Light Company
Claire Dalton
Office:
317-829-7737
Media Hotline: 317-261-5905
[email protected]