Leicester, a city in UK, will be spending almost GBP 1 million (US$1.48 million) in LED traffic lights, reported Leicester Mercury.

A total of GBP 966,000 will be invested into the traffic signals upgrade.

The city council can save about GBP 80,000 per year in energy bills by modifying signals at 46 junctions and 83 pedestrian crossings. The new traffic lights are also expected to cut the city’s carbon emissions by 1,608 tonnes, or roughly 22.5%.

A total of 6,000 signal lights and 1,200 pushbutton units will be replaced with LEDs.

Highways engineers say some  GBP £80,000 a year can be saved from the city council's electricity bill by modifying the city's traffic signals.

The city will also be saving annual maintenance costs by GBP 18,000, and the investments are projected to be repaid in about 10 years.

Siemens will be installing the new traffic lights, which will start in May and take 12 months to complete.

These new LED bulbs will only need to be replaced every seven years.