LED - will these light up the portfolio?

The energy savings of LED lights can be huge. Assume that a traffic light uses 100-watt bulbs today. The light is on 24 hours a day, so it uses 2.4 kilowatt-hours per day. If you assume power costs 8 cents per kilowatt-hour, it means that one traffic signal costs about 20 cents a day to operate, or about $73 per year. There are perhaps eight signals per intersection, so that's almost $600 per year in power per intersection. A big city has thousands of intersections, so it can cost millions of dollars just to power all the traffic lights. LED bulbs might consume 15 or 20 watts instead of 100, so the power consumption drops by a factor of five or six. A city can easily save a million dollars a year by replacing all of the bulbs with LED units. These low-energy bulbs also open the possibility of using solar panels instead of running an electrical line, which saves money in remote areas.