Residential buildings can now save up 40 per cent of their energy consumption and be rated for the same by the Bureau of Energy Efficiency. Till now, the rating was only for commercial establishments.

The energy efficiency label for Residential Buildings was launched on the sidelines of the Conference of Ministers for Power, New & Renewable Energy of States & Union Territories by Minister of State (Independent Charge) for Power and Renewable Energy, RK Singh.

“The objective of the labelling programme is to make a instrument over the energy performance of a home which will gradually lead to an effective tool while deciding the home prices in future. It also aims to provide a benchmark to compare one home over the other on the energy efficiency standards,” an official statement said. According to BEE, with the implementation of energy efficiency label it is estimated to achieve an energy saving of up to 40 per cent over the conventional houses with annual savings of 90 billion units by 2030.