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Govt may provide energy-saver fans to needy on easy installments

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Shoaib Nizami
Shoaib Nizami
Shoaib Nizami reports Finance, Fedeal Board of Revenue, Planning , Public Accounts, Banking, Capital Market, SECP, IMF, World Bank, Asian Development Bank, FATF updates for ARY News

ISLAMABAD: Pakistan’s federal government is working over a scheme to provide energy saver fans to power consumers on easy installments, sources said on Monday.

“The scheme is expected to be announced in the upcoming annual budget,” according to sources.

The prime minister has approved the proposal of energy savers fans easy installment scheme, sources said.

This plan is meant to save energy and under this scheme power consumers could get energy saving fans with assistance from banks, according to sources.

“The consumers will repay the fans price in easy installments via electricity bills.”

Sources said that 5000-megawatt electricity is estimated to be saved by replacing conventional fans with inverter fans.

Inverter Fans in Pakistan Really Consume Only 30 Watts?

“The government’s plan to provide energy saver fans without interest has been under the hammer,” sources said.

The IMF will also be consulted over the fans scheme to be provided on interest free loans on easy installments.

The scheme is expected to bring the consumers electricity bills down.

What are AC/DC fans?

Inverter fans are energy-efficient ceiling fans that use advanced technology to reduce power consumption. They employ a DC (direct current) motor and inverter technology to optimize energy usage, allowing them to operate at lower wattages while maintaining performance. Unlike traditional AC (alternating current) fans, inverter fans can adjust their speed and power consumption according to the ambient temperature and airflow requirements. Inverter fans can indeed save energy compared to traditional fans. By using advanced motor technology and optimizing energy consumption, they can reduce power usage by up to 50-70% or more, depending on the specific model and usage. This translates to lower electricity bills and a reduced carbon footprint.

Additionally, inverter fans often come with features like adjustable speed, timer, and remote control, making them convenient and user-friendly. The energy-saving benefits of inverter fans make them an attractive option for homeowners and businesses looking to reduce their energy consumption.

With their advanced technology and eco-friendly design, inverter fans can help mitigate the environmental impact of energy usage while providing a comfortable and cooling experience. However, it’s essential to note that the actual energy savings will depend on various factors, including usage patterns, fan quality, and local electricity costs.

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