By Scott Patterson The requirement and impact on the consumer side: The phase out of incandescent light bulbs begins on the January of 2012, the new standards require all light bulbs to be at least 25 percent more efficient whether it is domestically manufactured or imported. On the package it should label clearly its brightness and explain it life expectancy, energy efficiency and annual operating cost. The efficiency standards will only begin to take its effect on 100 watt incandescent light bulbs on January 1 and will gradually make its effect onto 75 watt and 60 watt on Jan...