General Electric Co., GE has been with JP Morgan Chase & Co. JPMorgan Chase & Co., JPM signed an agreement for the latter to install new lighting device outlets in the United States 5,000 banks.

Current sales of new business GE LED lighting systems are estimated, after installation, JP Morgan Chase bank outlets and lighting-related energy consumption will be reduced by 50%. Under the agreement, Current will be replaced in the next two years to about 1.4 million existing lamps into LED lighting products, covering 25 million square feet (2.32 million square meters) of space. Current expects the new lighting system laid JPMorgan year for energy savings of 18,400 kilowatts. The amount of the transaction were not disclosed.

JP Morgan Chase spokesman Michael Fusco said the deal is part of the reduction plan, the bank will strive to 2020 to cut carbon emissions to half of 2005 levels.