This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Mayor Reimal Frees Over $4 Million In City Of Independence Budget Over 10 Years, Improves Visibility & Security With Innovative Philips LED Lighting System

Stocks in this article: PHG

LAS VEGAS, June 24, 2013 /PRNewswire/ -- Home to President Harry S. Truman, Independence, Missouri is steeped in history, and now thanks to visionary Mayor Don Reimal, its residents will see the city in a whole new light.  At the U.S. Conference of Mayors this week, Mayor Reimal announced that the city of Independence will be working with Philips, the global leader in LED lighting, on an ambitious street lighting project expected to save the city over $4 million in energy and maintenance costs over the next 10 years. The system will also prevent the release of more than 10.3 million pounds of CO2 into the atmosphere every year, or the equivalent of removing 888 cars from the road. By improving visibility and security, the program is also in keeping with the city's goal of developing and supporting vibrant neighborhoods and a high quality of life across Independence, as well as helping to ensure the long-term financial stability of the city.  

The city of Independence embodies all things American from its soda fountains to the Swales walking trail where the ruts from covered wagons of the early western travelers are still visible. In the 1800s, Independence was a gateway to the new frontier, and now the city is honoring its heritage by pioneering LED street lighting. The city owned utility, Independence Power and Light (IPL), has calculated that moving from High Intensity Discharge (HID) fixtures to the new Philips LED solution will save more than 6.6 million kilowatt hours, for an annual savings of $288,000. Not only will the new lights provide uniform, quality white light, but because it requires less upkeep, the city also estimates it will save $150,000 in annual maintenance costs.  This will allow the city to use those funds for other improvement projects that will benefit its citizens. 

"As mayor, I have been committed to projects that improve the quality of life for the residents of Independence, which are environmentally and fiscally responsible, and enhance this great community," said Mayor Reimal of Independence, MO. "With these new LED street lights, we can improve visibility, making our residents feel safer and encourage more social activity. Not only are these lights more cost-effective, using 50 percent less energy, they are more sustainable, giving us the satisfaction that we have made a positive impact on our city and left another positive legacy." 

Philips LED lighting systems offer high quality white light, improving visibility and safety, while stimulating social and economic activity. Additionally, as lighting requirements for particular roadways evolve, the lighting system can be expanded or adjusted as necessary. Featuring best-of-breed Philips technologies such as LUXEON LEDs and Xitanium drivers, the Philips RoadView is a flexible, high performance solution. Based on the LEDgine platform, it allows for different LED configurations, enabling the systems to be tailored to a customer's unique needs such as application and light output. This helps to ensure that light levels and light quality meet the application requirements.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs