Energy Efficiency Services Limited
Under the National Energy Efficient Fan Programme, EESL provides BEE 5 Star rated ceiling fans which are 30% more energy efficient than conventional fans. Fans will be sold for Rs. 1,150 per fan. EESL has distributed 6.2 lakh energy efficient fans under this scheme which will save 2.4 lakh kWh and Rs 8.2 lakh per day to the consumers. The price difference is Rs. 500 which is the primary reason for its low penetration, along with the lack of awareness. With the usage of these energy efficient fans it is estimated that consumer’s electricity bills will reduce by about Rs. 700-730 per year, and recover the extra cost in less than 2 years.
Fan (machine)
Window and central air conditioning in the 1960s caused many companies to discontinue production of fans. But in the mid 1970s, with an increasing awareness of the cost of electricity and the amount of energy used to heat and cool homes, turn-of-the-century styled ceiling fans became immensely popular again as both decorative and energy efficient units.