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USA A recent article on the importance
of energy efficiency mentioned that energy experts do not anticipate
year 2004 to be much different in terms of energy wastage in the
US. However, energy experts are hopeful that rise in energy prices
will increase consumers’ interest in efficiency and energy
efficient products. "I would expect a lot more consumer interest
in ways to cut their bills," said Steven Nadel, executive
director of the American Council for an Energy Efficient Economy,
a Washington-based clearinghouse. "There could also be more
political interest." Political interest could lead to increases
in the tax credits, rebate programs and other government subsidies
that often play an important role in drawing business and consumer
attention to energy-efficient products.
The article discussed the challenges facing
the spread of energy-efficient products. The main challenge is
that consumers do not prefer the
energy efficient products, since they are more expensive, even
if the energy efficient products will last longer than the conventional,
inefficient products. For example, in Wisconsin, where energy-efficient
lighting products are subsidized, cheap incandescent bulbs outsell
the newer technology by a four-to-one margin. The cost of fluorescent
bulbs is typically 8 to 10 times that of incandescents. However,
energy experts clarify that the initial expense would be offset
over time by their much longer life and by lower electricity bills.
The Energy Department estimates that if every
American homeowner simply replaced the incandescent lighting in
his five most frequently
used fixtures with compact fluorescents, the nation would save
800 billion kilowatt-hours of electricity consumption - the equivalent
of shutting down 21 power plants. Further, if most households used
energy efficient lighting, utilities would emit one trillion fewer
pounds of harmful gases that contribute to global warming.
Energy advocates also mentioned that the newest designs of energy
efficient products are not only improved in quality, but also
the same size as the average incandescent bulb, and thus, can fit
existing
lighting fixtures.
Another challenge in spreading usage of energy efficient products
is that their manufacturers have fallen short of meeting potential
demand, because of manufacturers’ cautious approach to expanding
production, when they are not sure of the demand.
The article thus maintained that the main
restraint in widespread usage of energy efficient products lies
with consumers. Most are
reluctant to spend the money to replace inefficient equipment,
like older air-conditioners or furnaces with new designs until
the old equipment breaks down, even when told that the new unit
will pay for itself in savings within a few years. |