Enigin News

Enigin News

Malaysia Opts For Energy Efficiency To Tackle Price Rises

Malaysia Opts For Energy Efficiency To Tackle Price Rises

Malaysia is soon going to experience a considerable rise in energy prices, as industries and businesses push for energy saving solutions, such as the ones Enigin PLC offer worldwide, in order to counter the possibility of rising cost overheads.

Although Malaysia’s energy prices are currently among the lowest in the region (after Vietnam and Indonesia), a price review will follow the rise of international gas prices (+74% in November 2009) and coal prices (+17% in November 2009), as seen in 2007 and 2008.

Having already suffered record cold snaps this winter, South Korea and China dread that energy price rises will be higher than anticipated.

Speculation over Malaysian energy price rises has given companies incentive to invest in energy saving technology, with a 20% increase in orders for energy efficiency solutions over the last term of 2009.

Energy efficiency specialists, such as Enigin PLC, are able to provide precisely the services that Malaysian businesses (and businesses worldwide) are looking for in order to reduce their expenses.

Enigin supply an effective, rapid and easy to install solution for all businesses wishing to cut their energy costs by becoming energy efficient, whether that be applicable for lighting, air conditioning, motors or refrigeration.

As energy efficient systems are being sought out by Malaysian businesses to avoid being penalised by rising energy prices, Enigin  are at the heart of demand and are able to respond to business owners' needs with precision, expertise and state-of-the-art energy saving technology.

The most rapidly reacting businesses in Malaysia, aiming to protect profits by reducing their energy consumption and related bills, were hotels and owners of commercial buildings that already had large electricity bills.

Energy-efficient lighting, air-conditioning and refrigeration represented the majority of the energy saving projects which Malaysian companies adopted, all of which are part of the wide range of products that Enigin distribute all over the world.

The soar of energy prices is a reality for Malaysia, but also for many other countries all over the world, and switching to energy saving solutions is a trustworthy method which delivers incredible results, for saving money and for preserving the environment.

Friday 15th January 2010