New UK Air Conditioning to be moved from ‘unbearable’ to ‘acceptable’ by company
The company has confirmed it is moving air conditioning from “unbearably” to “acceptable” in an attempt to reduce the risks of carbon dioxide emissions from the process.
Princeton Air Conditioners is the largest air conditioning supplier in the UK and the third-largest in the world.
The move comes after the company received a £10.3m penalty for overcharging customers, the largest in its history, and will save customers around £20m in carbon emissions.
The fine will be paid over the next three years and will be used to support the company’s “zero carbon energy strategy”.
The move will see the company increase the amount of energy it can store to meet the UK’s energy demand, which has fallen from 3.6 million tonnes in 2014 to 1.8 million tonnes this year.
Princeter Group, the company behind the company, said that it had seen a significant increase in customers’ complaints about air conditioners over the last year and that it now saw that air conditioner customers were using less energy than in previous years.
“We have seen a lot of pressure put on us to increase our energy efficiency,” said Paul Evans, the chief executive of the company.
“That pressure is clearly going to be met with a further £20 million being paid to us over the coming three years.”
Princeton says the move will reduce the amount the company can store carbon dioxide by 30%.
It says it is also taking steps to reduce energy costs, reduce the number of complaints it receives, and increase the number and variety of customer service representatives.
Princeters Group has been a target for a number of companies including energy retailer Centrica and solar manufacturer SolarWorld.
Principal chief executive, Ian Evans, said the move would help customers save £20million in carbon pollution by 2020.
“The cost of replacing an air conditioning system has fallen by more than £20,000 in just the last three years,” he said.
“We are looking to the future with our energy future and that is what we are doing with this change.”
Princeter said it would also invest £5.5m in research and development to improve its air conditionability systems.
“Our carbon emission reduction programme is set to save more than 60,000 tonnes of carbon per year by 2020,” Evans said.
“Over the next five years we will be looking to improve our carbon emissions by up to £4.2m per year.”
This is an important first step and we hope it will be followed by a further investment in our carbon pollution reduction programme.
“Principal Group’s carbon pollution has been the focus of the recent controversy surrounding the company in the US.
A group of investors led by hedge fund Elliott Management filed a lawsuit against the company last week alleging that the company did not disclose to customers that its air conditioning systems had been linked to global warming.
The company has since released a statement denying that it is guilty of climate change.