The cost of a traffic light control system depends on multiple factors, including scale, design, installation, maintenance, etc.
Generally speaking, the construction cost of traffic light systems is relatively high, with an average cost of around 53900 yuan per pole of street light. Under full load operation, the annual revenue is about 180 million yuan. For medium-sized cities, the cost of street light renovation may reach tens of millions. In addition, the traffic light system also includes project expenses such as electricity expenses, depreciation of fixed assets, and personnel salaries for capital costs. Among them, the electricity bill mainly includes the electricity bill for devices such as LED street lights, light source control systems, LED display screens, signal lights, cameras, charging stations, base stations, WIFI hotspots, RSUs, manhole covers and bridge monitoring systems, environmental sensors, etc. The average usage time and unit price are calculated, resulting in an annual electricity bill of 69.5 million yuan for 10000 smart street lights. The depreciation period of fixed assets is consistent with the debt maturity of 15 years, using straight-line depreciation. The total expenditure is 136 million yuan per year, with a gross profit of 43.11 million yuan, and an average gross profit of 4300 yuan per rod. The gross profit margin is as high as 24%.
Overall, the cost of a traffic light control system includes not only explicit costs such as equipment procurement and installation, but also implicit costs such as maintenance, electricity expenses, and depreciation of fixed assets.
traffic light control system https://www.trafficsolution.cn/collection/traffic-light-controller
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