Ok, some simple math. If the Wal-Mart price is correct. 6pk for $13.85 or $2.30 per bulb. Let's say they are making a 20% profit. This means Wal-Mart is making $2.77 on a 6pk of bulbs or 46 cents per bulb. This means the cost of the bulb is $1.84, which is actully alot less because this includes Wal-Mart cost to do business.
Ohio Edison or the PUCO, whoever, wants to charge us $10.50 per bulb. Using the $1.84 cost, these people want to make a profit $8.66 per bulb. On 3.75 million bulbs the profit is $32,475,000.
Now who's getting this?
October 7, 2009 at 8:33 p.m.
Once again peopel are taking advantage of the average person. A six pack of these bulbs cost $13.85 at Wal-Mart. If I am forced to take these I will short my bill until they come out and shut off the power.
The head of the PUCO should be fired for even thinking this was a good idea. So, the real question is who is making the profit and who is on the take, once again.
October 7, 2009 at 7:35 p.m.