Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

City teams with Unitil on lights

Thu. October 22, 2009; Posted: 11:39 AM
Stocks RSS

Look up the PowerRating of UTL and see how it has performed over the past week as well as the current proprietary PowerRating.

FITCHBURG, Oct 22, 2009 (Sentinel and Enterprise - McClatchy-Tribune Information Services via COMTEX) -- UTL | Quote | Chart | News | PowerRating -- The city is teaming with Unitil to learn if LED streetlights will save money on electrical costs compared to standard high-pressure sodium streetlights, Mayor Lisa Wong announced during her weekly press conference on Wednesday.

Unitil installed six LED lights along the Water Street block running between First Street and the Fitchburg Green on Tuesday.

There are a couple of unknowns in the experiment, Wong said.

LED lighting is such new technology that it is unclear how long each light will last and it is unclear how much electricity each LED will save compared to the standard high-pressure sodium lights, Wong said.

The LED lights are expensive compared to high-pressure sodium lights so the life-expectancy and electricity savings will need to make up the difference, she said.

An LED light is about $800 compared to $150 for a typical high pressure sodium streetlight, Wong said.

"Maybe it lasts longer, if that's the case then we would see a savings and any savings we would then pass on to turning on more lights and doing other things," Wong said.

Unitil paid for the six lights installed on Tuesday. There are more than 3,000 streetlights in the city.

LED lights work best in the cold weather so the experiment will need to continue into the spring and summer to develop a complete picture for a cost-savings analysis, Wong said.

"We're going to be testing them throughout the winter as well as figuring out how we're going

to get the up- front capital," she said.

Other towns such as Belmont and Concord, N.H., are already testing the new bulbs, Wong said.

"Unitil has always worked very closely with the city on various energy savings initiatives and this is a continuation of that work," said Unitil spokesman Wesley Eberle.

To see more of the Sentinel & Enterprise or to subscribe to the newspaper, go to
http://www.sentinelandenterprise.com/. Copyright (c) 2009, Sentinel and
Enterprise, Fitchburg, Mass. Distributed by McClatchy-Tribune Information
Services. For reprints, email tmsreprints@permissionsgroup.com, call
800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The
Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
For full details for UTL click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [UTL]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.