Chauhan, K and Mohammad, M G and M V, Panduranga Rao
(2015)
Whether To Invest In Smart Technology Or Elsewhere- A Decision
Support Tool.
In: The Fifth Annual Asian Conference on Sustainability, Energy and the Environment (ACSEE2015), 11-14 June 2015, Kobe, Japan.
(In Press)
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Abstract
Most small scale industries and household complexes in developing countries
face a financial dilemma regarding installation of energy saving technologies like
smart lighting. Given an initial capital, it is often not clear whether to invest it
in such technologies or elsewhere that gives better returns on investment. For
example, if the users of the building are suffciently energy conscious to turn
of their personal appliances and lights before leaving a room, it can be argued
that the initial capital is better invested elsewhere
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