National Energy Efficient Fan Programme
In order to make country more energy efficient, the National Energy Efficient Fan Programme for Indian households and businesses has been launched by the Ministry of Power. As part of the programme, Energy Efficient Ceiling Fans of 5-star rating 50 Watts from leading companies such as Usha and Bajaj) will be provided at Rs 60 a month on EMI basis and Rs. 1250/- on upfront basis.
Features of the programme
- Energy-Efficient, 50 Watts and 5-Star Rated Ceiling Fans distributed as part of the programme.
- These fans are 30% more energy efficient as compared to conventional fans, which range from 75- 80 Watts.
- Fans being procured form leading companies.
- At present, two energy efficient fans will be provided to each consumer with flexible payment options.
- It is estimated that consumer’s electricity bill will reduce by about Rs 700-730 per year- which means that the cost of this fan can be recovered in less than 2 years.
Benefits to the consumers
- The fans distributed as part of the programme are 30% more energy efficient as compared to conventional fans, which range from 75-80 Watts.
- With the usage of these energy efficient fans, consumers will also stand to save on their electricity bills by Rs 700 - 730 a year. This means, a consumer can recover the cost of this energy-efficient ceiling fan in less than 2 years.
- A consumer can buy the fans by paying Rs 60 a month per fan on EMI basis. The EMI amount will be added to the consumers’ electricity bills for two years. These energy-efficient ceiling fans will cost Rs 1440/- to a consumer who uses the installment route. The consumer can also purchase the fan by paying Rs. 1250/- upfront.
- A total of two ceiling fans can be bought on one electricity bill from domestic category consumers only.
- This scheme will be available to the consumer on providing a copy of latest electricity bill along with a copy of residence proof at the designated distribution centre.
The scheme will be implemented by Energy Efficiency Services Limited (EESL), a JV of PSUs under Ministry of Power.
Source : PIB
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