The company expects the information will spur consumers to save energy and reduce emissions by running the machines at lower levels and at night when the price of power is less. Such systems would be part of the “smart grid” utilities hope can be built to make the grid more efficient and robust.
“If we get the right incentives and put the right programs in place to help us fund and develop these products we can start mass marketing them in the next couple of years and really get this grid working,” said James Campbell, president and CEO of GE consumer and industrial.
GE is a member of the US Climate Action Partnership, a group of companies and moderate environmental groups who early this year laid out a blueprint for emissions reductions and incentives they wanted to see in climate legislation.
Manufacturers are among industries including oil refiners and makers of aluminum, chemicals, paper and steel that are lobbying the Senate on climate legislation.
The bill passed by the House of Representatives included incentives that would pay manufacturers of super-efficient appliances for every unit they sell until 2013.
For instance, GE would get about $75 for every super-efficient dishwasher, about $200 for every such refrigerator, and up to $300 for hot water heaters.
GE is introducing a hybrid hot water heater next year it says will slash the energy used by conventional water heaters. The other products will take longer to roll out but GE hopes eventually all of its large appliances will be able to read real-time power prices.
The company hopes the Senate will keep or improve the incentives in its legislation.
Senator Barbara Boxer, who chairs the legislative body's environment committee, plans to unveil a climate bill in early September. But whether the bill will pass is uncertain.
Jones said GE, which makes products for nuclear reactors, is also lobbying Senators to include incentives to help make power generation from new nuclear plants easier. "One thing that could be done that could be really effective is to focus on recycling nuclear waste," said Earl Jones, GE senior counsel for government affairs.
In addition, GE is seeking incentives for replacing refrigerant gases that are greenhouses gases in appliances. Jones said alternatives are highly flammable and using them in old factories can be dangerous without costly upgrades.
“Absent the incentives or support to do that, it becomes cheaper to take the factory and build it someplace else new,” said Jones, who added the company was hoping to keep jobs in the United States. (Reuters)

| << | < | Sep 2010 | > | >> | ||
|---|---|---|---|---|---|---|
| S | M | T | W | Th | F | S |
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | ||
| Today is 02 Sep 2010 | ||||||
-
BBJ bi-weekly
The BBJ is Hungary's leading business bi-weekly providing businessmen with news and analyses necessary for competitiveness and development.
-
Book of Lists
Book of Lists is Hungary’s unique business and industry guide which is a thorough business information publication issued every year.
-
Fine Real Estates
Fine Real Estates is a yearly premium almanach focused on the luxury property industry and covers the latest high-end projects and developments in Hungary and the CEE region.
-
Fine Restaurants
Our English language culinary guide – Fine Restaurants – offers a fresh, stylish and contemporary look into the world of food and gastronomy: what is hot, who is who, and what is happening in our culinary culture.
-
BBJ Events
BBJ EVENTS help intense personal interaction among business people, participants can meet representatives of the private and public business world and science life for their further personal development.
-
Hungary A. M.
Hungary A. M. brings you the latest business news – every day early in the morning. Hungary A. M. focuses on business related news but also covers macro-economic, political and general issues.
-
Energy_today
Energy_today gives you current news on the global energy markets. Extensive coverage from reputable sources of developments on the oil, gas, electricity and renewable energy markets and more.
-
Regional_today
Regional_today provides you with a bird’s eye view of all important economic, business and political happenings in the CEE region, eastern Europe, the Balkans, the Baltic countries and the Commonwealth of Independent States.
- 24H
- Most popular
- Stories of last week
- BUX
- FTSE
- NASDAQ
- NIKKEI
- DOW
| 1 AUD | 201.53 HUF | 100 JPY | 263.86 HUF | |
| 1 CAD | 211.05 HUF | 1 NOK | 36.05 HUF | |
| 1 CHF | 219.36 HUF | 1 PLN | 71.73 HUF | |
| 1 CZK | 11.52 HUF | 1 RON | 66.73 HUF | |
| 1 DKK | 38.21 HUF | 1 RUB | 7.23 HUF | |
| 1 EUR | 284.49 HUF | 1 SEK | 30.56 HUF | |
| 1 GBP | 341.38 HUF | 1 USD | 221.88 HUF |
Business:
- Wholesale - Buy China Wholesale Products from Chinese Wholesalers on DHgate.com
- TradeKey - A B2B Marketplace - Connecting worldwide Buyers with Suppliers & Wholesalers
- TradeBoss.com B2B Marketplace with an International Business Directory and a European Business Directory
- China Wholesale
- DinoDirect offers the cheapest MP3 Players, Bluetooth Headset for consumers.
- Made-in-China.com – Connecting China suppliers with global buyers…
Real Estate:
- Overseas properties for sale, rent and auction including property in Spain, Properties for sale in Italy and property in France.
- International Real Estate at Mondinion.com including Commercial for sale real estate listings and Budapest real estate listings

19°C
Today max: 20°C
Showers Late
















