The incandescent light bulb "ban" is actually not a very accurate term. It is not, in fact, a decree banning all incandescent light bulbs. Nor will you be forced to sit in the dark, or buy CFLs and LEDs (although we would encourage you to, as there are many advantages to doing so)...
Major manufacturers will continue to build traditional incandescent light bulbs. The only difference is that they will be updating the technology for the first time in about 100 years.
What the Incandescent Light Bulb "Ban" Actually Is
In 2007 President George W. Bush signed the Energy Independence and Security Act (ESIA) that set new standards for incandescent lighting. The bill called for new light bulbs to provide a 30% increase in efficiency by 2012. New 72 watt incandescent will replace 100 watt bulbs. They will emit as just much light and only cost around $1.50 each. The new bulbs will also last longer and save as much as $100 to $200 per year in many households.
Do You Really Want to Keep Using an Incandescent Bulb?
Now that we know the incandescent bulb won't really vanish forever, do we even really want to keep using it? The cost of CFLs and LEDs has come down dramatically in the last few months and will continue to fall. When you compare the 80-90% more energy efficient LED with the new almost 30% more efficient incandescent, you have to question whether you'd rather spend $1.50 per incandescent bulb and continue to pay $300 a month power bill, or spend $15 per LED and save up to $100 a month.