There are no restrictions on the choice of funding for decommission costs (ie, through a sinking fund or through other credit methods).

We do not currently plan to purchase specific additional physical plant and significant equipment within the immediate future. We do not currently have specific plans to change the number of our employees during the next twelve months.

McCarthy acknowledged challenges remain as cities begin to embrace new technology, including how to sort through the sheer amount of data generated by new initiatives. 

“We didn’t anticipate this use case,” said Caldwell, “but it looks like we can do it.” And he expects to find more such uses for the streetlights as various departments that manage the City of San Diego’s operations have time to study the data that comes in.

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

This report focuses on the Solar Street Lights in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Utilities are approaching a crossroads. With increasing energy efficiency and utilisation of distributed energy resources (DER) affecting their bottom lines, utilities must position themselves as innovators and generate new revenue streams to remain profitable in the 21st century. Smart cities represent a significant opportunity for utilities to exploit their skillsets and expand their footprint into additional markets.

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One technology opportunity for SIs is Bluetooth beacon deployment for the location of passenger retail and inter-terminal transport, plus comprehensive turn-by-turn navigation to more quickly move passengers in an airport to where they need to be.

We are planning to expand our installation business. We will continue to execute our marketing and sales strategy in Southern California and, with additional capital, will be able to expand our business to cover Northern California, or other states. The planned expansion is expected to occur through acquiring smaller installation companies in these regions and/or through the establishment of subsidiaries in these states and boost our installation profits. Our current intention is to establish two new offices located in Northern California or other states and in San Diego. The estimated start-up cost for each new branch would be approximately $500,000.

A company spokesperson stated, "We are very excited to announce these Solar powered lights. One of the main reasons why we are excited is the significant cost savings to the end user.  After the initial purchase of the Solar Lights and the simplistic Off-Grid installation, the ROI for the end user is typically only several months, not years, empowering the end user to have significant ongoing savings."

Clear Blue’s Smart Off-Grid remote management, monitoring and control with predictive weather analysis and integrated motion sensors offers an unprecedented level of flexibility and control over the operation of lighting systems.  This allows for active management of the lights by clients with Clear Blue providing oversight and guidance.