Eco-bulb cost to treble: Makers cash in as the ban on old-style bulbs kicks in
The price of energy-saving light bulbs will treble as the final supplies of traditional bulbs dry up, industry experts have warned.
The Government has ordered energy companies to scrap the subsidies that have kept the price of eco-bulbs artificially low for the last few years.
At the same time, manufacturers are increasing wholesale prices to take advantage of the European ban on ‘energy guzzling’ old-style bulbs.
Retailers also claim bulbs that currently cost only 33p are expected to sell for more than £1 within three months. Some will cost £3 or more.
The move comes as Britain is gearing up to phase out the last incandescent light bulbs in an effort to meet climate change targets.
The EU has already banned shops from buying stocks of 100watt bulbs and stopped them stocking up on any type of frosted incandescent bulbs.
Read more: http://www.dailymail.co.uk/news/article-1343554/Eco-bulb-cost-treble-Makers-cash-ban-old-style-bulbs-kicks-in.html#ixzz19ydTXXu2
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