Typical economic model for calculating the saving norm of replacement HPS street lighting by LED fixtures in access road of gas production company at GCC

摘要

This paper illustrates the advantages of the LED as a valid option to replace the HPS street lighting. Economic model is introduced to determine the Annual Saving Norm for replacing access road HPS light fitting installed in a GCC gas production company by LED fixtures. This Annual Saving Norm is calculated based on two main aspects. "Company Benefits", in which the Gas Company can gain it directly. "National Benefits" that can be achieved by creating better gas sales opportunity for the county and by the reduction of the CO₂emission and hence the pollution.