Friday, June 17, 2011

Tips on Energy Conservation: Domestic Sector


 Lighting System


01.  One of the best energy-saving devices is the light switch. Turn off lights when not required.

02.  Many automatic devices can help in saving energy used in lighting. Consider employing Infrared sensors, motion sensors, automatic timers, dimmers and solar cells wherever applicable, to switch on/off lighting circuits.

03.  As for as possible use task lighting, which focuses light where it's needed. A reading lamp, for example, lights only reading material rather than the whole room.

04.  Dirty tube lights and bulbs reflect less light and can absorb 50 percent of the light; dust your tube lights and lamps regularly.

05.  Fluorescent tube lights and CFLs convert electricity to visible light up to 5 times more efficiently than ordinary bulbs and thus save about 70% of electricity for the same lighting levels.

06.  Ninety percent of the energy consumed by an ordinary bulb (incandescent lamp) is given off as heat rather than visible light.

08.  Replace your electricity-guzzling ordinary bulbs (incandescent lamps) with more efficient types. Compact fluorescent lamps (CFLs) use up to 75 percent less electricity than incandescent lamps.

09.  A 15-watt compact fluorescent bulb produces the same amount of light as a 60-watt incandescent bulb.

Room Air Conditioners

01.  Use ceiling or table fan as first line of defense against summer heat. Ceiling fans, for instance, cost about 30 paisa an hour to operate - much less than air conditioners (Rs.10.00 per hour).

02.  You can reduce air-conditioning energy use by as much as 40 percent by shading your home's windows and walls. Plant trees and shrubs to keep the day's hottest sun off your house.

03.  One will use 3 to 5 percent less energy for each degree air conditioner is set above 22°C (71.5°F), so set the thermostat of room air conditioner at 25°C (77°F) to provide the most comfort at the least cost.

04.  Using ceiling or room fans allows you to set the thermostat higher because the air movement will cool the room.

05.  A good air conditioner will cool and dehumidify a room in about 30 minutes, so use a timer and leave the unit off for some time.

06.  Keep doors to air-conditioned rooms closed as often as possible.

07.  Clean the air-conditioner filter every month. A dirty air filter reduces airflow and may damage the unit. Clean filters enable the unit to cool down quickly and use less energy.

08.  If room air conditioner is older and needs repair, it's likely to be very inefficient. It may work out cheaper on life cycle costing to buy a new energy-efficient air conditioner.

Refrigerators

01.  Make sure that refrigerator is kept away from all sources of heat, including direct sunlight, radiators and appliances such as the oven, and cooking range. When it's dark, place a lit flashlight inside the refrigerator and close the door. If light around the door is seen, the seals need to be replaced.

02.  Refrigerator motors and compressors generate heat, so allow enough space for continuous airflow around refrigerator. If the heat can't escape, the refrigerator's cooling system will work harder and use more energy.

03.  A full refrigerator is a fine thing, but be sure to allow adequate air circulation inside.

04.  Think about what you need before opening refrigerator door. You'll reduce the amount of time the door remains open.

05.  Allow hot and warm foods to cool and cover them well before putting them in refrigerator. Refrigerator will use less energy and condensation will reduce.

06.  Make sure that refrigerator's rubber door seals are clean and tight. They should hold a slip of paper snugly. If paper slips out easily, replace the door seals.

07.  When dust builds up on refrigerator's condenser coils, the motor works harder and uses more electricity. Clean the coils regularly to make sure that air can circulate freely.

08.  For manual defrost refrigerator, accumulation of ice reduces the cooling power by acting as unwanted insulation. Defrost freezer compartment regularly for a manual defrost refrigerator.

Water Heater

01.  To help reduce heat loss, always insulate hot water pipes, especially where they run through unheated areas. Never insulate plastic pipes.

02.  By reducing the temperature setting of water heater from 60 degrees to 50 degrees C, one could save over 18 percent of the energy used at the higher setting.

Microwave Ovens & Electric Kettles

01.  Microwaves save energy by reducing cooking times. In fact, one can save up to 50 percent on your cooking energy costs by using a microwave oven instead of a regular oven, especially for small quantities of food.

02.  Remember, microwaves cook food from the outside edge toward the centre of the dish, so if you're cooking more than one item, place larger and thicker items on the outside.

03.  Use an electric kettle to heat water. It's more energy efficient than using an electric cook top element.

04.  When buying a new electric kettle, choose one that has an automatic shut-off button and a heat-resistant handle.

05.  It takes more energy to heat a dirty kettle. Regularly clean your electric kettle by combining boiling water and vinegar to remove mineral deposits.

06.  Don't overfill the kettle for just one drink. Heat only the amount of water you need.

Computers

01.  Turn off your home office equipment when not in use. A computer that runs 24 hours a day, for instance, uses - more power than an energy-efficient refrigerator.

02.  If your computer must be left on, turn off the monitor; this device alone uses more than half the system's energy.

03.  Setting computers, monitors, and copiers to use sleep-mode when not in use helps cut energy costs by approximately 40%.

04.  Battery chargers, such as those for laptops, cell phones and digital cameras, draw power whenever they are plugged in and are very inefficient. Pull the plug and save.

05. Screen savers save computer screens, not energy. Start-ups and shutdowns do not use any extra energy, nor are they hard on your computer components. In fact, shutting computers down when you are finished using them actually reduces system wear - and saves energy.


Wish you all a happy energy saving.

India loses $16 bn every year due to corruption: Bedi


India loses a whopping USD 16 billion a year due to corruption, IPS officer-turned social activist Kiran Bedi has said. 
Speaking at an event organised by the Chicago Council on Global Affairs, she said, "out of every Rs 100 meant for infrastructure development, only Rs 16 is used and Rs 84 is lost."
She said that if India is free of corruption, it could become the most developed country in the world and all its debt would go away.
"I would like to see Indians in America collectively raising a voice because it is our future," said Bedi, who is associated with social activist Anna Hazare's anti-corruption campiagn.
Speaking about the Lokpal Bill, Bedi said corruption has increased because there was no system to check it and and there was no system in place to handle the negative aspects of positive growth. 
"It is only in the last two months thanks to the Supreme Court that key players and politicians went to jail for the first time and have not been bailed out till now," Bedi said.
She also spoke at the India Against Corruption event held at the Gayatri Shaktipeeth. "Scams have increased over the years and the number of recorded scams have also increased," she said, adding that records show that there are no commensurate punishment for such scams.
Bedi said that she needed the support of Non-Resident Indians to give the movement an additional momentum. "We can also try to weed out corruption if we allocate even 0.5 per cent of % for anti-corruption,"



Market seen range-bound around 18000 level: Morgan Stanley


Adverse global cues have been pulling Indian equities towards consolidation. In fact, according to Sridhar Sivaram, ED at Morgan Stanley Investment Managers, the market is already in consolidation phase. He sees it trading in a tight range around 18,000 levels for the next three to six month as he doesn't see improvement in the macro front till then. "Lack of reforms is a worry for the market. And, on back of that we may end the year flat."
Moreover, he sees some slowdown in consumption and infrastructure sectors. He is also underweight on the consumer discretionary space and neutral on consumer staples. On retails, he says investors have moved to commodities, especially gold and silver. "Retail volumes on the equity side have dwindled as investors are currently on the sidelines," he explained.
Being overweight on pharma and IT space, Sivaram says, "We may see value emerging in the industrials. We also see money coming into debt funds."
Below is the verbatim transcript of the interview. Also watch the accompanying video.
Q: The market has been range bound for the last many weeks. How much longer do you see things continuing?
A: It’s a consolidation phase for the market. The market will not do too much until and unless the macro for the country improves. We don’t see that improving at least in the next three-six months. If inflation starts to tick down, then there is a possibility that RBI would pause.
The market would trade in a range for at least three-six months. Towards the end of this year, we could see some movement depending on how the macros behave by then. We would get more sense on the numbers towards the second half.
Q: What kind of numbers are you expecting to see? Is it going to be time correction or is there room for sharper price correction in this market?
A: I would be in that camp where around 18,000 plus or minus 5% market is range bound. Once we see some sort of positive signals from the macro side which also is a precursor of how the micro for respective companies would behave. Be it on the infra side or the consumption side, we have been seeing slowdown because of high inflation and high interest rates. So, the market would start to look ahead and build momentum from there.
Q: This year, only defensives have done well and the high beta sectors have languished. Tactically, how are you positioned now?
A: They are broadly defensive bear. Our over weights are slightly outward looking at this stage which is overweight on pharmaceuticals and IT which is broadly immune to domestic negative news. They are underweight on the consumer discretionary and are neutral on the staples segment. They are underweight on industrial that we are closely monitoring.
Some of these stocks have got beaten down substantially and there might be some value emerging out there. If the macro improves, we could see some of these sectors moving ahead. We have been trying to evaluate how much is already priced in and what is the worst case possibility.
Q: The retail participation is extremely low in the equity market. Are you getting a sense that in another asset classes like in commodities (gold and silver), the participation is picking up?
A: They are pretty much on the sideline. We see money coming into the debt fund. FMPs saw some interesting data that the volumes on the commodity side have gone up substantially in MCX exchanges.
It seems like the retail and some of the speculative elements have moved to the commodity side, especially on gold and silver. The retail volumes on the equity side have dwindled which is a reflection of how the volumes for the market are behaving.
Until the macro improves, it is very difficult to se the micro or the companies starting to do extremely well. To that extent, we are in that tight range right now. It’s the same even for the retail investors. They are currently on the sideline.
Q: The problems largely are global for the last few sessions. Do you see a bit leg down in global equities?
A: It’s very difficult to say what the worst case scenario is because we don’t know if there is some crisis in Europe and things could go bad. If status quo remains and there isn't too much of you know major negatives, then plus-minus 5% or at least minus 5% from here the markets could settle. There could be a time correction. Once that time correction is over and things start to improve, we could see a rally.
Last year till about May, the markets were down 10%. The markets improved last year in the second half and we ended the year by 15%. We saw a rally of almost 20% last year towards the second half. I’m not expecting that sort of a rally this year as it happened because of QE2 last year.
Currently, we are minus 10% for the year. It is highly possible that if things improve, we could close the year flat which could help looking at the next year in 2010 and see how things are playing out there.
Q: Market men have been living in the hope of some reform all through the year. Are you worried about the lack of reforms in India now?
A: It is a worry but, those are the difficulties of a coalition government which is reflecting in the market. Until and unless we see some drastic measures form the government in terms of reforms, the market will not cheer immediately which is a concern.
Most global investors looking at India closely would be worried that there has been policy inaction for almost six-eight months now. We get some indication that this could change in the near future.
The government is now quite seriously looking at building some consensus from the opposition parties to push through some of the reforms, on the FDI, insurance or some policy measure on the oil and energy side. If these things play out over the next six months, that would be a sentiment booster for the markets.



SEBI decision on takeover code likely on June 30


Market regulator SEBI is likely to raise the trigger limit for open offer to 25% when it takes a decision on the new takeover code for merger and acquisitions at its board meeting scheduled later this month.
"SEBI is likely to clear the takeover code in its board meeting scheduled on June 30," an official said. An agreement seems to have emerged between the Finance Ministry and the capital market regulator for raising the trigger limit from 15% to 25%, as recommended by a SEBI panel but the government is not in favour of 100% open offer, sources said.
"Certainly not 100%," the official said when asked if the the open offer would be for the entire stake.
"More or less it would be between 50% and 75%," he added.
The SEBI committee headed by C Achuthan on a new takeover code had suggested that the acquiring company should make 100% open offer, thus giving the exit option to all the shareholders of the target company.
Current norms mandate acquirer to make an open offer of 20% in the target company. The recommendation of 100% open offer was opposed by the industry as it would have made acquisition a very expensive proposition.
As per the SEBI panel's recommendations made in July last year, an entity buying 25% stake in a company should make an open offer to the rest of the shareholders.

India’s Sensex Retreats for Second Week on Greece, Interest Rate - Businessweek

India’s Sensex Retreats for Second Week on Greece, Interest Rate - Businessweek