Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Bank Sohar focuses on energy conservation  Join our daily free Newsletter

MENAFN - Muscat Daily - 04/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) As an environmentally pro-active organisation, Bank Sohar has been highlighting awareness on minimising the wastage of precious resources for the benefit of our country and future generations.

With this goal in mind and as summer approaches, the Bank is sharing tips on how you can save money whilst conserving energy by purchasing the right air-conditioner. In a country like Oman where summers can be very hot, having an AC in every room is essential. However, air-conditioning units place a heavy load on energy consumption and as a result can be expensive to run.

This is why purchasing the correct air-conditioning is crucial “ doing so can have a two-fold benefit of saving both; energy and running costs. The key to achieving this goal is to purchase the correctly sized air-conditioning unit for your room, and ideally one with an Energy Star' certification to achieve maximum efficiency.

Munira Abdulnabi Macki, DGM human resource and corporate support at Bank Sohar noted, ''Buying a bigger air conditioner won't necessarily make you feel more comfortable during the hot summer months. In fact, an air-conditioner that's too big for the room or area could actually perform less efficiently than a smaller, correctly sized unit.

Therefore, purchasing the right unit with the right specifications may prove more beneficial which is why it is important to know the proper Energy Efficiency Ratio (EER) rating on the AC of your choice before making a purchase.'' The EER of any AC unit is calculated as the cooling capacity divided by the electrical power required to operate the unit (higher the number, the better).

Most average units have an EER of nine or ten. Any unit above ten is considered extremely efficient, while the best and most efficient units rate at a minimum of 12. Furthermore, manufacturers are required by law to list the energy rating on the unit, making it very easy for consumers to make an informed purchase.

The Energy Star Program was created by the US Department of Energy and the Environmental Protection Agency to reward and recognise the most efficient appliances on the market, including air-conditioners by placing the Energy Star logo on the actual unit. To achieve this rating, the air-conditioning unit should be certified to be at least 15 per cent more efficient than those meeting the minimum standards and are therefore expected to have an EER of at least 9.8 and above.

At the beginning of the year, Bank Sohar launched their annual calendar bearing the theme Saving Water, Electricity and Our Planet' which highlights the impact of daily water and electricity consumption on the environment and provides 12 easy tips for energy efficient livi


 


Muscat Daily




  MENA News Headlines
 Sep 16 2014 - Kuwait Stock Exchange Indices Close in GreenQatar News Agency
(MENAFN - QNA) Main indexes of the Kuwaiti bourse were in the green zone upon closing Tuesday with the weighted, the price, and the KSX 15 up by 1.1, 28.6, and 2.64 points respectively. Number ...

 Sep 16 2014 - Diplomatic Adviser to the King of Belgium Meets Qatar's AmbassadorQatar News Agency
(MENAFN - QNA) Diplomatic Adviser to the king of Belgium Pierre Cartuyvels met HE Qatar's Ambassador to the Kingdom of Belgium, Sheikh Ali bin Jassim Al-Thani. During the meeting, they discussed ...

 Sep 16 2014 - Real Estate Transactions Worth over QR684 Million Last WeekQatar News Agency
(MENAFN - QNA) Real estate transactions between September 7 and 11 for the real estate sales contracts registered at the Ministry of justice are worth QR684,139,324, the real estate registration ...

 Sep 16 2014 - Qatar University to Host Workshop for Young BoffinsQatar News Agency
(MENAFN - QNA) Qatar University's Al Bairaq programme will engage aspiring young scientists from high schools in workshops on nanotechnology and other scientific topics, the university said ...

 Sep 16 2014 - Qatar Expresses Concern over Expansion of Nuclear Power Reactors EstablishmentQatar News Agency
(MENAFN - QNA) The State of Qatar has stressed that the obsession with safety and security of potential nuclear accidents preoccupies the international community because of the long -term and ...

 Sep 16 2014 - Four Elements of Islamic State Killed in IraqQatar News Agency
(MENAFN - QNA) Baghdad Operations Command announced the killing of four elements from the Islamic State group (ISIS) northwest of Baghdad. The spokesman for the command, Brigadier Saad Maan told ...

 Sep 16 2014 - Elements of Islamic State Killed in IraqQatar News Agency
(MENAFN - QNA) Baghdad Operations Command announced the killing of four elements from the Islamic State group (ISIS) northwest of Baghdad. The spokesman for the command, Brigadier Saad Maan told ...

 Sep 16 2014 - Phase one to begin Dubai USD2.7b Parks projectMENAFN
(MENAFN) Dubai Parks & Resorts, a Meraas Holding company announced it has made significant progress on phase one of its multi-billion dollar entertainment and leisure destination in the emirate, ...

 Sep 16 2014 - Investcorp acquire USD250m US property propertiesMENAFN
(MENAFN) Bahrain's Investcorp, an alternative investment manager, announced it had acquired a portfolio of office and industrial property assets in three cities in the United States for around USD250 ...

 Sep 16 2014 - Dubai's RTA to invest USD544m in 2 projectsMENAFN
(MENAFN) Dubai's RTA announced it is planning to invest in the construction of two new road projects in the Creek area of the city in order to ease traffic congestion, Arabian Business reported.The ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help