Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Bank Sohar's environment tip for July  Join our daily free Newsletter

MENAFN - Muscat Daily - 10/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) As an environmentally proactive organisation and as part of its year-long environment conservation campaign, Bank Sohar has been providing monthly tips to raise awareness on minimising the wastage of our precious natural resources.

With this goal in mind, the bank is sharing tips this month on how you can conserve energy by setting the proper temperature on your air conditioner's thermostat. 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.

Nevertheless, there are several ways to significantly reduce energy consumption and subsequently the operational cost of air conditioners. One such method is to purchase Energy Star' certified ACs as advised by the bank in May. Once purchased and installed, operating them with the ideal thermostat settings can also lead to significant savings. In the summer months, it is best to set your thermostat to 23 degrees or higher when you are at home.

During the evenings it is advised to raise the setting to roughly 25 degrees. You'll gain savings of about five to ten per cent on the operating cost of an air conditioner for every degree or two of cooling you are willing to give up. It is also advisable to clean the filter regularly. An air conditioning unit with dirty filters can use five to ten per cent more energy.

Sharing her thoughts on the subject, Munira Abdulnabi Macki, DGM, human resource and corporate support at Bank Sohar, noted, ''Bank Sohar's 2014 calendar launched and distributed at the end of 2013 was designed to create awareness to all segments of society in a creative way.

It conveys short, yet effective messages to encourage people to reconsider their water and electricity consumption habits and to draw attention to the little details that can transform the way resources are consumed, for the wellbeing of our planet. As we all know conservation is most critical during the summer months, especially in hot countries such as Oman, where air conditioners make heavy demands on our power supplies.

This is why paying more attention to the proper temperature settings on the thermostat can pay dividends in long term operational costs of ACs in addition to making them last longer.''

During summers many people plan to travel; in such cases investing in a programmable thermostat can be a worthwhile investment. When travelling, it is best to set your thermostat at approximately 27 degrees. This will cause your air conditioner to turn on only if the temperature within the home rises to levels that would cause damage to home electronics or foodstuffs stored outside of the refrigerator.

These are just some of the ways in which both; energy and money can be saved with just a few easy to follow steps. Bank Sohar will continue to highlight more in the following months of the year.

To learn more on Bank Sohar, visit the official website at www.banksohar.net. You can also follow the bank on Facebook at facebook.com/excel.banksohar, on Instagram at www.instagram. com/banksoharexcel or join the conversation on Twitter at @banksohar_excel.<


 


Muscat Daily




  MENA News Headlines
 Jul 30 2015 - Egypt- Trial of businessman Ehab Talaat postponedqDaily News Egypt
(MENAFN - Daily News Egypt) The trial of prominent businessman Ehab Talaat was postponed to 26 December on Tuesday for an expert report on the matter.Talaat is being sued by the Al-Ahram Foundation ...

 Jul 30 2015 - Egypt participates in UN counter-terrorism meetingDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian delegation participated Tuesday in the UN counter-terrorism meeting in the Spanish capital, Madrid, and discussed efforts to tackle militancy.Egypt also ...

 Jul 30 2015 - Egyptian court postpones verdict in Al Jazeera journalists' retrialDaily News Egypt
(MENAFN - Daily News Egypt) A court in the Egyptian capital, Cairo, has postponed the verdict in the retrial of three Al Jazeera journalists, jailed for aiding a terrorist organization with false ...

 Jul 30 2015 - Egypt- 'Will justice be served this Thursday?' (1):JournalistsDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian court will conclude one of Egypt's most hotly debated cases since the ouster of the Muslim Brotherhood regime in 2013, and one of the longest trials the ...

 Jul 30 2015 - Al-Jazeera re-trial case adjourned to 2 AugustDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian court was to conclude Thursday one of Egypt's most debated cases since the toppling of the Muslim Brotherhood's regime, also among the longest trial the ...

 Jul 30 2015 - Egypt- Trial against Fatima Naoot continuesDaily News Egypt
(MENAFN - Daily News Egypt) The prosecution at the Sayeda Zeinab Misdemeanour Court decided on Wednesday to postpone the case against Fatima Naoot, who is charged with contempt of religion.In turn, ...

 Jul 30 2015 - Ooredoo Oman profit up 18.7 percent in H1MENAFN
(MENAFN) Omani Qatari Telecommuni-cations Company (Ooredoo), has reported an 18.7 percent increase in its net profit for the first half of this year.The company's revenues for the first half of 2015 ...

 Jul 30 2015 - Dubai real estate down, under pressureThe Arabian Post
(MENAFN - The Arabian Post) The Dubai residential market continues to face downward pressure as rents and sale prices decline. It's perhaps indicative of a systemic shift that the current phase's ...

 Jul 30 2015 - Consumer choice, innovation 'key drivers of aviation sector'The Arabian Post
(MENAFN - The Arabian Post) Consumer choice and innovation are the fundamental drivers of competition in the international airline industry, said Etihad Airways president and CEO James Hogan at the ...

 Jul 30 2015 - Qatar's transport sector posts double-digit growth in H1MENAFN
(MENAFN) Qatar's transport sector witnessed a healthy double-digit expansion in profitability in the first half of this year, mainly on the back of earnings in logistics segment.The cumulative net ...

more...


 






Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help