The City of Stamford will receive a $357,000 rebate from Connecticut Light and Power for its use of energy efficient LED street lights made by General Electric.

What’s more the City’s recent switch to the new GE Cobrahead lights will save it about $146,000 annually on its electric bill.

According to a press release, Stamford plans to use the rebate funds to install an additional 467 GE LED Cobrahead streetlights next year.

“The new LED streetlights are making an important contribution to Stamford’s sustainability efforts, as well as curbing costs and allowing us to light our beautiful streets with a really aesthetically pleasing light source,” said Nancy Pipicelli, energy/utility manager for the City of Stamford, in the release. “We looked at several manufacturers and thought the GE Cobrahead lights offered the best quality in terms of color temperature (4300 K), CRI, lighting uniformity and reduced glare.”

Thanks an Energy Efficiency and Conservation Block Grant, the City was able to replace more than 1,000 high-pressure sodium-based streetlights on its main streets with GE’s Evolve LED Roadway Medium Cobrahead (ERMC) fixtures. It is reportedly Connecticut’s largest installation of LED streetlights.