What are the cost differences between smart and traditional traffic signals?

What are the cost differences between smart and traditional traffic signals?

Smart traffic signals typically have higher initial costs due to advanced technology, but they can reduce long-term operational costs.

Can you give me specific numbers for installation and maintenance?

Sure! Traditional signals can cost around $10,000 to $50,000 each to install, while smart signals can range from $50,000 to $200,000.

What about maintenance costs over time?

Maintenance for traditional signals is usually lower, around $1,000 annually, while smart signals may require $2,000 to $5,000 due to their complexity.

Are there any long-term savings with smart signals?

Yes, smart signals can optimize traffic flow, potentially reducing fuel consumption and travel time, leading to significant savings.

What factors should cities consider when choosing between the two?

Cities should consider traffic volume, budget, long-term goals, and the potential for future upgrades when making their choice.