Clowne, Creswell and Whitwell: LED lights could be fitted on streets
More than 68,000 street lights will have their bulb, light fitting and shade replaced with a new LED fitting.
And more than 22,000 of the older lamp posts will be replaced at the same time.
The council will borrow the money, which will be paid back over 20 years.
The LED lights are expected to last for 25 years, which will lead to lower maintenance costs and they use less electricity.
Derbyshire County Council’s deputy cabinet member for jobs, economy and transport, coun Dean Collins, said: “We’re facing huge budget cuts of £157m over the next few years and we need to cut the street lighting budget by £775,000.”
“This means that we had to look for imaginative ways to make the savings, and I believe that this proposal does just that.”
A recent public consultation asked people if they would support investment in LED street lights and 90 per cent of respondents were in agreement.