Shedding Light on President Biden’s New Bulb Ban

New Rules

Somewhere, one last time, a lone bulb dangling in a dusty attic just flickered out.

The Biden administration has officially banned the sale of energy-inefficient light bulbs, effective August 1. Moving forward, retailers will no longer be able to sell light bulbs that aren’t able to achieve 45 lumens — or brightness — per watt. In layperson’s terms, this means you’ll only be able to buy modern LEDs, not old-school incandescent bulbs.

By banning outdated bulbs, the White House hopes to cut down on wasteful energy sources and decrease the nation’s emissions‌.

Bulb Ban

This new rule change will only apply to manufacturers, distributors, and retailers — not consumers.

Companies that continue to sell traditional incandescent and halogen light bulbs could face a fine of up to $542 for every violation. Households may continue to use whichever bulbs they please, so if you haven’t changed your basement lights in forever, don’t worry. The only fine you’ll face is a potentially higher electricity bill.

The ban only applies to incandescent light bulbs commonly used in homes. It doesn’t apply to specialty bulbs, three-way bulbs, chandelier bulbs, refrigerator bulbs, plant grow lights, or other types of special use bulbs.

Green Light

The driving force behind the decision to ban incandescent light bulbs is climate change.

Older light bulbs are surprisingly inefficient. 90% of the energy they produce is wasted as heat. Scientists also estimate 5% of greenhouse gas emissions are a byproduct of lighting. A widespread ban on these bulbs could potentially put a dent in emissions across the country.

Unfortunately, LED bulbs are roughly four times as expensive as incandescents. But they also last anywhere from 25 to 50 times longer. When your old bulbs finally burn out, you may find yourself spending a little more at checkout. But you’ll likely also find it’s a lot longer before you have to check out again.

Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!

Check it out

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
SOSS23080301