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.
Rooftop photovoltaic power station
A report released in June 2018 by the Consumer Energy Alliance (CEA) that analyzed U.S. solar incentives showed that a combination of federal, state and local incentives, along with the declining net cost of installing PV systems, has caused a greater usage of rooftop solar across the nation. According to "Daily Energy Insider", "In 2016, residential solar PV capacity grew 20 percent over the prior year, the report said. The average installed cost of residential solar, meanwhile, dropped 21 percent to $2.84 per watt-dc in the first quarter of 2017 versus first quarter 2015." In fact, in eight states the group studied, the total government incentives for installing a rooftop solar PV system actually exceeded the cost of doing so.