[floozy22]

I suspect this is sixty cents a month for three years, meaning they are charging $0.60 x 36 = $21.60 for two bulbs, or $10.80 apiece.

You can get them for $2 a bulb in packages of 3 at Walmart.

They're using the same variant of mathematics that the federal government uses.

[mvpel]

They're using the same variant of mathematics that the federal government uses.

Not surprising, since it sounds like this is being driven by an overbearing government mandate imposed on the utility.