TeachMeFinance.com - explain Appliance efficiency index
Appliance efficiency index The term 'Appliance efficiency index' as it applies to the area of energy can be defined as ' A relative comparison of trends in new-model efficiencies for major appliances and energy-using equipment. The base year for relative comparisons was 1972(1972=100). Efficiencies for each year were efficiencies of different model types that were weighted by their market shares'.
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