Energy-saving TV and air conditioner promotions

Detailed rules for promoting energy-saving flat-screen televisions and air conditioners have been jointly released by the Ministry of Finance, the National Development and Reform Commission and the Ministry of Industry and Information Technology, reported Shanghai Securities News on Tuesday.

According to the notice, beginning June 1, 2012, two energy-saving projects will be officially launched and operating for one year, the report said.

The central government will grant different subsidies according to product features and cost difference between energy-efficient products and non-efficient ones to promote the consumption energy-saving products. For example subsidy for a LCD TV set will be 100 yuan ($15.81) to 400 yuan, a plasma TV is 250 yuan to 400 yuan, a fixed speed air conditioner is 180 yuan to 330 yuan, and a speed controllable air conditioner is 240 yuan to 400 yuan.

The report also noted that, for manufacturers who apply for participating the energy-saving flat TV promotion, the annual sales should be no less than 500,000 sets, while the amount for air conditioner manufacturers needs to reach 100,000 units.

In addition, enterprises also need self-owned brands or legal brand rights for their promotional products.