Time To Stock Up On Energy Saving Bulbs
Posted by: Justin On: January 7th, 2011 | Number of Comments: No Comments
Subsidy Scheme
Currently supermarkets and DIY stores offer eco-bulbs at a discounted price due to the subsidy they receive from the government. This subsidy first came in several years ago when the old-style bulbs began to be phased out. DIY stores and supermarkets were encouraged by the subsidy scheme to stop selling non-ecofriendly bulbs above 40 watts.
The scheme was brought in under the Carbon Emissions Reduction Target and was part of an overall scheme to reduce carbon emissions and reach EU targets. However from March 2011 companies will be expected to spend their subsidies on offering cheaper loft and wall cavity insulation rather than cheaper light bulbs.
European Standards
It is expected that the old-style incandescent bulbs will no longer be available as stores aim to meet European standards. From September this year, retailers will no longer be allowed to stock old-style bulbs of 60 watts or more and by 2012 all incandescent bulbs will be banned.
Higher prices
This lack of choice for consumers and the retailers will mean that the price of eco-bulbs is set to increase at least threefold according industry insiders. James Shortridge from the lighting retailer Ryness has said that the prices increased when the ban first came in and will do so again. He also points out that larger stores will have to increase their prices when the subsidy ends. The combination of these two factor will certainly mean higher prices.
Currently eco-bulbs sell for around 33p each and it is expected that the price could rise to as much as £1 or even £3 for some style bulbs.
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