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A move that could save the city $10 million annually. The effort was the largest such street LED light replacement program in the world. The replacement program cost an estimated $57 million over the four years. It was funded through a $40 million loan and $16 million in rebate funds. Since Los Angeles started the program, the practice of mass conversion to LED has been sweeping across the country. In 2012, Baltimore completed its conversion of 70,000 street lights, which saves roughly $2 million a year. Portland, OR is launching a retrofit this year. Other major cities like San Francisco, San Antonio, and Seattle are looking into swapping street lights as well.
6/20 The Daily Beast