All 123 street lights in Raymond would be changed to LED lights if voters approve a conversion plan.

RAYMOND — Voters will be asked to OK a $53,000 plan to switch all town street lights to more energy efficient LED in a move that could cut the light bill by 40 to 60 percent.

Selectmen are proposing a warrant article in March that would cover the cost of the street light conversion.

Town Manager Joe Ilsley said there are 123 street lights that would be changed as part of the effort to address rising utility costs.

The town has budgeted $26,000 for the utility costs associated with street lights this year, but switching to LED lights could save about $10,000.

“We’re trying to figure out any way we can set ourselves up to mitigate the tax rate,” Ilsley said.

The savings would be reflected in the 2021 town operating budget.

If approved, Ilsley said he hopes the new lighting would be installed by the end of this year.

Raymond is one of many communities looking for ways to become more energy efficient to cut utility costs.

“There’s a lot of data out there. A lot of municipalities big and small have switched over,” Ilsley said. “We’re looking at what best practices are out there.”

Ilsley said the new light installation would be paid for using unexpended funds from 2018, meaning the town would not need to seek additional tax dollars to cover the project.