First and foremost, industries that consume a lot of electricity are given discount currently. This will actually promote wastage as it is cheaper to waste electricity than being energy efficient. In fact, the industry that reduces its energy consumption while maximizing output should be rewarded, as their energy footprint per product is reduced. Industries that support ‘true’ energy efficiency approaches through real engineering solutions must also be promoted.
Secondly, energy efficiency labeling for electrical and electronic equipments lacks very much. Currently, locally designed labeling is only available for few household equipments and industrial High Efficiency Motors (HEM). What about the rest? Labeling and enforcement must be there to ensure consumers can make the right choice to reduce their energy consumption.
Energy efficiency is the cheapest investment with fast return!