Asel Babakanova, a house owner in Bishkek, Kyrgyz Republic has been planning to improve her home for a while.
Individual homeowners achieve substantial energy savings and improved living conditions
To reduce the energy bill and increase the living comfort, she wanted to install new energy efficient windows, insulate the walls and roof of the building and install an efficient solid fuel boiler.
The KySEFF facility was more than timely with funding such measures. The preferred equipment could be selected from the online Technology Selector at the KyrSEFF website – a database, where the best available on the market energy saving technologies are presented. With the choice made, the family could apply for a loan. Since equipment has already been pre-evaluated for its energy savings potential, the loan approval did not take long.
The $7,160 loan allowed to reduce the house’s energy consumption by 31,892 kWh per year, leading to decent cost savings. The residents felt the result of the investment immediately, thanks to the reduced energy bill and improved living conditions. The investment will repay from energy savings rather fast, continuing to generate the savings for many more years to follow.
In addition, the investment led to a carbon emission reduction of 1,902 tonnes CO2 per year, making its valuable input to mitigating the negative effect of human activity on climate.
Such measures can be replicated massively, solving several issues simultaneously – rehabilitation of the housing stock, prolonging its lifetime and decreasing the consumption of entire country, as residential sector constitutes a large share in the energy balance of Kyrgyz Republic. The financial mechanism, provided by the KyrSEFF facility, allows investments to be as easy, as possible.
26 Sep 2013