TY - RPRT
T1 - Cost-Benefit of Improving the Efficiency of Room Air Conditioners (Inverter and Fixed Speed) in India
Y1 - 2016/06//
A1 - Nihar Shah
A1 - Nikit Abhyankar
A1 - Won Young Park
A1 - Amol A. Phadke
A1 - Saurabh Diddi
A1 - Deepanshu Ahuja
A1 - P.K. Mukherjee
A1 - Archana Walia
KW - Air Conditioners
KW - appliance energy efficiency
KW - energy policy
KW - india
KW - Sustainable Space Cooling
AB - Improving efficiency of air conditioners (ACs) typically involves improving the efficiency of various components such as compressors, heat exchangers, expansion valves, refrigerant,and fans. We estimate the incremental cost of improving the efficiency of room ACs based on the cost of improving the efficiency of its key components. Further, we estimate the retail price increase required to cover the cost of efficiency improvement, compare it with electricity bill savings, and calculate the payback period for consumers to recover the additional price of a more efficient AC.The finding that significant efficiency improvement is cost effective from a consumer perspective is robust over a wide range of assumptions. If we assume a 50% higher incremental price compared to our baseline estimate, the payback period for the efficiency level of 3.5 ISEER is 1.1 years. Given the findings of this study, establishing more stringent minimum efficiency performance criteria (one-star level) should be evaluated rigorously considering significant benefits to consumers, energy security, and environment
U2 - LBNL-1005787
ER -