§ Sir J. Langford-Holtasked the Secretary of State for Transport what is the total cost of installing new lamp columns along the A49 in Belle Vue, Shrewsbury; what would be the annual cost at present interest rates of getting this money how this compares with the expected annual saving of £360; and how many years it will take on this basis for the change to prove a saving.
§ Mr. HoramThe total cost of replacing the defective lighting columns, which had reached the end of their useful life, with fewer columns with more efficient lights is £16,000 at current prices. This644W expenditure is a charge to the Roads etc. England Vote. The expected annual saving is a minimum of £3,360, made up of £360 in maintenance and running costs and at least £3,000 in reduced night-time accident costs resulting from the improved standard of lighting. Using the standard 7 per cent. discount rate for road schemes, these annual savings will produce a positive benefit in six years.