Consumer survey on ‘AC Usage in Indian Homes’ by Godrej Appliances reveals drastic surge in AC usage & energy bills this summer
Godrej Appliances, business unit of Godrej & Boyce, released interesting insights on ‘AC Usage in Indian Homes’ based on a consumer survey conducted in partnership with Twentify India which studied AC usage patterns in Indian households, its impact on energy bills and maintenance practices followed.
Chandigarh, July 8, 2024: Godrej Appliances, business unit of Godrej & Boyce, released interesting insights on ‘AC Usage in Indian Homes’ based on a consumer survey conducted in partnership with Twentify India which studied AC usage patterns in Indian households, its impact on energy bills and maintenance practices followed.
More than 50% respondents reported that their AC usage this summer had doubled (or more) compared to a few years ago while almost 90% agreed that the AC usage was at least 1.5 times more. Close to two thirds claimed that the number of ACs installed in their home had gone up in the last two years. 90% also stated that their energy bills have been rising rapidly over the last few years with summers accounting for the highest proportion. 52% said that the energy bill during summer was almost double their average energy bill. The figures are a direct consequence of the unprecedented rise in summer temperatures and heatwave being witnessed in different parts of the country.
According to Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, part of Godrej & Boyce, “AC Industry as whole has grown by 1.5 times in India this year as compared to last summer. We have witnessed almost 2X growth ourselves. While this is good news for the appliance industry, we need to reflect on what it means for the environment, the energy demands in coming times and the impact on household expenses as well. This survey underscores the urgent need for adoption of higher star-rated ACs to lower energy consumption, given that a five star 1.5 Tr AC saves upto 25% energy compared to a 3-star AC. Godrej Appliances stays committed to meeting the growing demand for high quality cooling solutions in India but at the same time, also recognizes the need to do so in an environment friendly sustainable manner.”