logo
Energy efficiency push: Electronic appliances to soon carry detailed labels for transparency; what it means for you

Energy efficiency push: Electronic appliances to soon carry detailed labels for transparency; what it means for you

Time of India6 days ago
Consumers will soon be able to verify star rating claims on electronic appliances such as air-conditioners, refrigerators, televisions, and washing machines, as they will carry detailed energy efficiency labels aimed to help people make informed choices.
According to people familiar with the development,the updated labels are a part of the upcoming 'Bureau of Energy Efficiency (Appliance Labelling) Regulations, 2025.'
The Bureau of Energy Efficiency (BEE) under the Ministry of Power said in a notification dated 10 July, that the new labels will offer greater transparency, specifying the product's country of origin, power consumption in easy-to-understand language, a unique serial number and a QR code for traceability.
Industry executives cited by ET said that current energy efficiency labels do not provide enough information and are not consumer-friendly. There have also been instances where companies were found making false claims about energy performance. The new labelling system aims to encourage consumers to pick low power-consuming models and curb misleading claims, they added.
Apart from common household appliances, manufacturers will also be required to affix these new labels on deep freezers, chillers, ceiling fans, geysers, solar photovoltaic modules, and certain commercial products.
The regulations will lay out the process for applying for and obtaining label authorisation, as well as compliance testing and applicable label fees, the BEE said.
The rules also mandate that the new labels be prominently displayed on the product itself and at retail stores.
BEE has already proposed scrapping older label design rules for certain white goods like air-conditioners, refrigerators and televisions.
'There is a revision going on regarding label design. There are altogether five notifications on that,' a government official was quoted as saying.
Under BEE's existing star-rating system, appliances are rated from one star (least efficient) to five stars (most efficient). These ratings are revised every two to four years to reflect updated energy efficiency benchmarks.
As per the new norms, each label must display a unique label number, equipment name, brand name, model number, energy performance parameter, label year, rated capacity, star level, validity, country of origin, and the appliance's serial number.
A QR code will also be included for digital verification.
ET had earlier reported that the power ministry is working on a plan to incentivise consumers to replace air-conditioners that are 10 years or older with new five-star models, offering them scrapping benefits and discounted prices to support the energy efficiency push.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold crosses Rs 1 lakh mark! But jewellers worry over sluggish sales - Here's why
Gold crosses Rs 1 lakh mark! But jewellers worry over sluggish sales - Here's why

Time of India

time5 hours ago

  • Time of India

Gold crosses Rs 1 lakh mark! But jewellers worry over sluggish sales - Here's why

Gold prices crossed the Rs 1 lakh per 10 grams mark on Wednesday, dampening sentiment among jewellers just ahead of the festive season. This is the first time in nearly two months that prices have breached this psychological barrier. The yellow metal has gained almost 2% this week, rising from Rs 98,791 on Monday to Rs 1,00,502 per 10 grams on Wednesday. Including the 3% GST, the effective consumer price now stands at Rs 1,03,507 per 10 grams. Jewellers fear the price surge may further dent demand during the upcoming high-consumption festive period starting with Raksha Bandhan. 'China is heavily buying gold. The Central Banks across the globe too are buying gold. Big investors are also purchasing gold. All these factors are driving the gold prices,' Surendra Mehta, national secretary of the India Bullion & Jewellers Association (IBJA), the apex industry body, told ET. The previous instance of gold reaching Rs 1 lakh per 10 gm occurred on April 22, following US-China trade tensions when the US implemented higher tariffs on China. Silver prices increased significantly, reaching Rs 1,15,500 per kg on Wednesday from Rs 1,11,000 per kg on Tuesday, representing a Rs 4,500 per kg increase in one day. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Filipinos should get this large benefit! Read More Undo Financial analysts attribute the rise in precious metals to a weakening dollar index and uncertainties surrounding US trade tariffs, which encourage safe-haven investments. The Indian currency experienced pressure after Nato's warning about secondary sanctions on Russian oil imports, contributing to increased local gold and silver prices. As India imports these precious metals, currency depreciation automatically affects prices. Suvankar Sen, managing director of jewellery chain Senco Gold, indicated that consumers are now choosing lightweight gold jewellery to accommodate their budgets. 'Volume-wise the drop will be 15%. If the price rise continues, then demand for 18 karat, 14 karat and 9 karat gold jewellery will increase,' he told the outlet. With the festive season starting next month from Raksha Bandhan and continuing through Diwali, gold demand is typically strong. However, this year, persistently high prices are dampening sentiment. According to ET, Dinesh Taluja, CFO of Reliance Retail, said the company's jewellery business has seen higher billing amounts due to rising gold prices, but the number of transactions has declined. 'The business is on steady growth, but obviously there is an impact on the significant increase in gold prices. In volume terms, the demand for gold has gone down,' he noted. The IBJA representative suggested that Raksha Bandhan jewellery sales will likely suffer as consumers resist the Rs 1 lakh price point. Faced with high prices, consumers are holding back on non-essential gold purchases and turning to more affordable alternatives like lightweight, lower-karat, silver, or studded jewellery. However, investment-driven buying continues, with customers showing interest in gold coins, bars, and plain chains, which carry lower making charges and are considered better value for long-term holding. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store