Online AC Price: Product manufacturers say that due to this change, there will be a higher cost of production and prices will increase by 7-10%.
AC Price in India: People are very upset due to heat. At the same time, people also take various measures to get rid of the heat. To get rid of the heat, people give a lot of attention to AC. Along with this, the consumption of refrigerator also increases significantly in summer. However, now the prices of AC-refrigerators are going to increase. It is possible to increase the prices of refrigerators and ACs from next month.
Rating will be tight
According to the Economic Times report, the energy rating rules for ACs are going to change from next month, which will tighten the star rating to a level, which will reduce the existing product lines to one star. This means that if you have bought a 5-star AC this summer, it will become 4-star from next month. Along with this, 5-star model ACs will have to follow very high energy efficiency guidelines.
Production cost will increase
At the same time, due to this, the cost of production will also increase. Product manufacturers say that this change will lead to higher cost of production and increase in prices by 7-10%. At the same time, energy norms for refrigerators can be tightened from January next year. Companies said that the change in the guidelines will increase the cost. This will make it difficult to manufacture refrigerators with higher energy ratings like 4-star and 5-star.
improve energy efficiency
Kamal Nandi, Business Head, Godrej Appliances says, “The new energy-rating norms will improve the energy efficiency of air-conditioners by about 20%, which is essential considering the high-power product. At the same time, there is a time of six months to liquidate the old stock. At the same time, all the new constructions will be according to the new energy label.
hence the delay
The energy rating norms for ACs were scheduled to change in January 2022. However, the manufacturers had requested the nodal body, the Bureau of Energy Efficiency, for a delay of six months so that they can clear the stock of the last two years which could not be sold due to the COVID lockdown. At the same time, the next change in the rating norms for AC will happen in 2025.
the cost can increase
Experts say that due to the new rating, the cost of raw materials will increase by about Rs 2,000-2,500 per unit. The price of the product will go up, but the customers will get a great product. Let us tell you that nowadays people are giving more priority to inverter AC. Inverter ACs now have 80-85% market share as compared to 45-50% in 2019.