"It's a $10 million project, so I think the council just wants to take a little more time before making that final decision," said Fresno Director of Public Works Scott Mozier.
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PG&E is offering zero percent financing to pay for the conversion with a six and half year return on the principal investment.
"Meaning we keep paying our same level of electric bill, but the savings are used to pay back that $10 million capital investment."
Once the investment is paid back, the new LED lights will save the city $1.6 million annually. It is money that the city can use for everyday maintenance.
"It'll go into things like neighborhood paving, curb gutter, sidewalk repairs a lot of great news for the community," said Mozier.
Fresno must switch out over 35,000 street lights citywide. The new LED lights will provide a warm white light as opposed to the yellow-orange light from the old lamps.
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PG&E was there two years ago when the City of Clovis converted all of its street lights to LED lights.
"The City of Clovis was a smaller scale, but it moved quicker than you would expect to go in and do the transfer and the changeover," said PG&E Spokesman Denny Boyles.
According to officials, Fresno is one of the last remaining cities to make the switch.
"We're the largest city in PG&E's entire service territory that has not converted the lights citywide," said Mozier.
City leaders are expected to approve the retrofit project during next Thursday's council meeting.