The Philadelphia Energy Authority, in partnership with vendor Ameresco, has launched the Philly Streetlight Improvement Project. This 24-month initiative will replace 130,000 streetlights with efficient LED systems, aiming to cut energy use by over 50% and reduce carbon emissions by 9%. Funded by the City’s inaugural Sustainability Bond, the $91.2MM project emphasizes installation in high-risk areas and anticipates a 58% participation from minority and women-owned businesses.
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