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.
Federal roofing tax credit for energy efficiency
The 2009 roofing tax credit is part of a twofold plan rolled out by the US federal government. The first and most relevant of goals was intended to stimulate the economy by motivating Americans to replace their roofs with more energy efficient roofs, thereby creating jobs by increasing the demand for labor in the roofing, manufacturing, and construction industries. The other goal of the 2009 federal roofing tax credit was to reduce carbon emissions to the environment by requiring consumers to install Energy Star products on their homes in order to receive the tax credit; the installation of energy star roofing products in homes would reduce the consumption of electricity needed to maintain the desired temperature within the residence.