Now Eaton Follows Suit with 6% Increase - Energy Watch News

Now Eaton Follows Suit with 6% Increase

The prospect of industry-wide price rises grew significantly this week with the announcement by Eaton that it is following Acuity Brands’ lead by putting up the cost of its luminaires by 6 per cent. Vice president of sales Joe Melchiors wrote to distributors and agents informing them that due to ‘increases in the cost of metals, commodities, freight and other logistical components’, the company is implementing a general price increase on both legacy technology products and selected LED and controls equipment. Rises will vary by product category with an average of 6 per cent, but luminaires with a ‘heavy metals composition’ may see higher than average increases. The new list prices become effective on Monday 16 July.

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