Aizada Bekturova, an apartment owner in Bishkek, Kyrgyz Republic wanted to improve her home – to keep it warm in winter and cool in summer – quite a challenge, considering the country’s temperatures.
Apartment owners invest in energy efficiency and see the result
To reach this objective and to reduce the energy bill, Mrs Bekturova wanted to install new energy efficient windows and thermal insulation of walls.
The KySEFF facility was more than timely with funding for such measures. The necessary equipment could be selected from the online Technology Selector at the KyrSEFF website – a database, where the best available at the market energy saving technologies are presented. With the choice made, the family could apply for the loan. Since equipment has already been pre-evaluated for its energy savings potential, the loan approval process did not take long.
The $1,800 loan allowed to reduce the house’s energy consumption by 1,557 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 savings for many more years to follow.
Such measures can be replicated massively, solving several issues simultaneously – rehabilitation of the housing stock, prolonging its lifetime and reducing the energy consumption of Kyrgyz Republic. The financial mechanism, provided by the KyrSEFF facility, allows investments to be as easy, as possible.
06 Jun 2013