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.
Radiant barrier
According to a 2010 study by the Building Envelope Research Program of the Oak Ridge National Laboratory, homes with air-conditioning duct work in the attic in the hottest climate zones, such as in the US Deep South, could benefit the most from radiant barrier interventions, with annual utility bill savings up to $150, whereas homes in milder climates, e.g., Baltimore, could see savings about half those of their southern neighbors. On the other hand, if there are no ducts or air handlers in the attic, the annual savings could be even much less, from about $12 in Miami to $5 in Baltimore. Nevertheless, a radiant barrier may still help to improve comfort and to reduce the peak air-conditioning load.