Bulb Ban Opposed by Republicans Said to Save $12.5 Billion
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Pulling the plug on a phase-out of traditional incandescent light bulbs, as a U.S. House bill requires, would jeopardize $12.5 billion in consumer savings by 2020, according to a study by efficiency-advocacy groups.
The average household’s energy costs would be cut by 7 percent, or $85 a year, when the standards are fully in place, according to the analysis released today in Washington. The report was part of a defense of the efficiency standards against the House bill that would repeal them. Lawmakers may vote on the proposal next week.