Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Oman- 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 calendaraunched 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
 Feb 5 2016 - Jordan's Joramco to spend USD10m on expansionMENAFN
(MENAFN) In response to expanding demand and an arising Iranian aviation market, Joramco, a Jordan-based aircraft heavy maintenance company, is planning to invest nearly USD10 million to expand its ...

 Feb 5 2016 - UAE's Career Fair 2016 kick-start with huge potentialMENAFN
(MENAFN) The Abu Dhabi City Municipality is participating in the Career Fair 2016, under the umbrella of the Department of Municipal Affairs, which launched in in Abu Dhabi National Exhibition ...

 Feb 5 2016 - Industries Qatar register USD1b gross profit over 2015MENAFN
(MENAFN) Industries Qatar, one of the region's industrial behemoths which specializes in the production of a wide range of petrochemical products, reported financial results for the period ended Dec, ...

 Feb 5 2016 - At least 2297 journalists killed since 1990: IFJThe Peninsula
(MENAFN - The Peninsula) Brussels: At least 2297 journalists and media workers have been killed in the last 25 years with Iraq ranking as the most deadly country the International Federation ...

 Feb 5 2016 - US accuses Damascus Moscow of seeking military solution in SyriaThe Peninsula
(MENAFN - The Peninsula) Washington:US Secretary of State John Kerry accused Moscow and Damascus of seeking a military solution to the war in Syria rather than a political one Wednesday after ...

 Feb 5 2016 - Greek bus drivers migrants block highway over border impasseThe Peninsula
(MENAFN - The Peninsula) Migrants walk to buses that will transport them to the Greek-Macedonian border following their arrival aboard the passenger ferry Eleftherios Venizelos at the port of Piraeus ...

 Feb 5 2016 - Passengers crew evacuated from Madrid Riyadh after bomb threatThe Peninsula
(MENAFN - The Peninsula) MADRID: Spanish authorities evacuated allpassengers and crew from a flight bound for Riyadh SaudiArabia at Madrid's Barajas international airport after a bombthreat ...

 Feb 5 2016 - US demands end to Russia strikes after Syria talks collapseThe Peninsula
(MENAFN - The Peninsula) U.S. Secretary of State JohnKerryspeaks at the donors Conference for Syria in London Britain February 4 2016. REUTERS London:The United States demanded Thursday that ...

 Feb 5 2016 - Five Czechs found in Lebanon on way home: ministerThe Peninsula
(MENAFN - The Peninsula) Foreign Minister Lubomir Zaoralek said on Thursday Five Czechs found in Lebanon following their suspected kidnapping last July are in a Czech government plane on their way to ...

 Feb 4 2016 - Pakistan to receive 497mn tranche of IMF loan: officialsThe Peninsula
(MENAFN - The Peninsula) Islamabad: The International Monetary Fund announced Thursday it would release the latest instalment worth $497 million of a three-year economic bailout package to ...

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

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