Wednesday July 11, 2007 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Singapore : air-cons, fridges to have energy labelling From January 1 next year, all air-conditioners and refrigerators must have labels showing how energy efficient they are. This means that the average consumer will know up front how much electricity they consume. According to NEA, yearly savings for a highly efficient energy saving model which comes with 4 ticks on the energy label, compared to a model without ticks, can run to as high as $860. NEA also hopes that raising awareness will shift consumer demand to high energy efficient, environmentally-friendly products. This will also encourage manufacturers to streamline their products, as each certification test for the labels will cost around US$4,000. Buyers are already showing signs of appreciating environmentally-friendly appliances. For now, only refrigerators and air-conditioners, which make up as much as 66% of household energy consumption, will be labelled. Consumers can refer to the NEA website for a collated list which will include more appliances in the future. See also : 1. Singapore to join Kyoto Protocol (2007-07-11 12:51:41 SGT)
[Energy]
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