"Our new LED street lights are already saving more than $300,000 each year and with the latest round of installations the annual savings is expected to grow to nearly $900,000,” Councilmember ...

An LED fixture installed on a residential street light in Los Angeles, in 2009, cost an average of $432, illuminated at 42 lumens/watt, lasted 80,000 hours, and came with a 5-year warranty.