The European Commission (EC) has indicated its plans to help generate funds for a number of European cities who have expressed a desire to erect 'smart' streetlamps in their respective cities across the EU. Research has uncovered that local governments in the EU spent around €7.6bn to light public street lights in 2015. However, the bills could be slashed by up to 70% if local authorities agree to pay extra to install new 'smart' lighting systems aimed at energy efficiency.