Governor Andrew Cuomo is unveiling Smart Street Lighting NY, a new program that calls for at least 500,000 street lights throughout the state to be replaced with energy-saving LED technology by 2025.

Cuomo says the program has the potential to reduce energy consumption across the state by 482 gigawatt hours annually—the equivalent of nearly 45,000 households

He say that would save taxpayers $87 million a year, drastically reduce greenhouse gas emissions, and improve the quality of light and safety of communities across the state.

"This modernization program will help save taxpayer money, increase energy efficiency, and increase public safety through increased visibility," Cuomo said. "It's a win-win-win that complements this administration's efforts to fight climate change and create a cleaner, greener New York for all."

The program was announced by the Governor in his 2018 State of the State Address.

Lieutenant Governor Kathy Hochul announced the initiative today at the Association of Towns of the State of New York 2018 Annual Meeting in New York City.