Southwark has 1,282 illuminated bollards. They cost £27 each per year in electricity alone or £34,614 in total.
To replace them all with non illuminated or solar powered bollards would cost around £540,000 giving a rate of return 6.3%.
I’m hopeful that the illuminated bollards in the Dulwich area replacement will start in the new financial year. But with time non illuminated bollards will be used which are even cheaper than solar powered one.
These two initiatives over time will help reduce Southwark’s carbon footprint, clearly save money and hopefully make our street look less industrial.