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Red Bull fridges pulled due to high power costs

11.08.2008 15:03 Shopping - Source: cbc.ca

Fridges devoted to the energy drink Red Bull are being pulled by some P.E.I. retailers as they try to deal with rising electricity costs.

Red Bull is a relatively new product to the Island. Because it is only available in cans, retailers only began stocking it May 1, when a decades-long provincial ban on flavoured, carbonated beverages in non-refillable containers was lifted.

As the P.E.I. market opened, the energy drink company that makes Red Bull descended in a marketing frenzy, giving free fridges to store owners to make sure its beverages were chilled properly and displayed prominently.

But three months later, many store owners are pulling the plugs on those coolers.

"Right now our light bill is over $100 a day. Then you start looking at what you need and what you don't need," David Cooper, owner of Cooper's General Store in Eldon, east of Charlottetown, told CBC News on Thursday.

"I have quite a few coolers now, and I don't think I'm selling enough Red Bull now to warrant having a cooler for itself."

Cooper's electricity bill has jumped 25 per cent in the past year, from $2,400 to $3,000 a month.

CBC News visited a number stores in Charlottetown yesterday and found that most have already unplugged their Red Bull coolers or are thinking seriously of it. All blamed electricity costs.

Cooper said he still plans to sell Red Bull; it's just going to have to share shelf space with other canned products.

Red Bull could not be reached for comment.

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