{"id":12185,"date":"2015-10-07T17:34:13","date_gmt":"2015-10-07T21:34:13","guid":{"rendered":"http:\/\/www.newspapers-online.com\/auroran\/?p=12185"},"modified":"2015-10-07T17:34:13","modified_gmt":"2015-10-07T21:34:13","slug":"return-on-led-investment-is-ridiculous","status":"publish","type":"post","link":"https:\/\/www.newspapers-online.com\/auroran\/return-on-led-investment-is-ridiculous\/","title":{"rendered":"Return on LED investment is &#8220;ridiculous&#8221;"},"content":{"rendered":"<p>I have been a resident of Aurora since 1994.<br \/>\nHaving managed technology companies with over 2,000 employees for many years, I have always been surprised on how Town Council seems able to spend taxpayers money with little regard to logic and\/or making sound financial decisions.<br \/>\nIt just appears that Council choices are either based on personal agendas or some kind of Provincial initiative that is sometimes unproven or without much merit.<br \/>\nWhat looks good does not necessarily mean it makes sense! But, like most Canadians we stay quiet and accept these things as normal with Governments.<br \/>\nBut, last week reading The Auroran, I was stunned to see Council once again seriously contemplating a proposal to go forward with a $3.3M expense to replace streetlights with LED technology that makes no sense. While I applaud looking at new technologies that may be positive for the environment or be more efficient, how can Council spend our tax dollars on something with a 10 year ROI?<br \/>\nWhatever positive this technology may have a so-called payback this long is beyond comprehension.<br \/>\nClearly Council operates in a different world than any of us. Not surprising that taxes go up every year and the justifications for increases are always weak or based on curious math!<br \/>\nInvesting in new initiatives is a good thing and longer payback periods can be justifiable at times but, honestly beyond five years is ridiculous.<br \/>\nTechnology changes way too fast to look at 10 years down the road. LED will be replaced or changed way before this so-called investment is paid back.<br \/>\nIt would be nice to see Council make decisions that follow some basic financial principles just once!<\/p>\n<p><strong>R. Seguin<br \/>\nAurora<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have been a resident of Aurora since 1994. Having managed technology companies with over 2,000 employees for many years, I have always been surprised on how Town Council seems able to spend taxpayers money with little regard to logic and\/or making sound financial decisions. It just appears that Council choices are either based on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-12185","post","type-post","status-publish","format-standard","hentry","category-letters-opinion"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/posts\/12185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/comments?post=12185"}],"version-history":[{"count":0,"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/posts\/12185\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/media?parent=12185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/categories?post=12185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newspapers-online.com\/auroran\/wp-json\/wp\/v2\/tags?post=12185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}