ANALYTICAL STUDY OF ENERGY CONSERVATION AND AUDITING

Energy is very rare asset, especially in developing and underdeveloped countries. Cost of energy is gradually increasing day - by - day. With an increase in the population there is a change in the standard of living of people which results into more demand for the resources . In India , no matter how much of energy is generated, still there is a scarcity of supply of energy. So the more energy we save is the energy we produce. This paper presents a detailed study of consumption of electrical power and propositions to reduce the energy consumption and to achieve conservation of energy by applying modern power saving techniques. So possible steps need to be identified and adopted to conserve energy and reduce energy cost. Energy conservation is also crucial and necessary as the nation is energy deficient due to which various issues such as low voltage, load shedding and premature failures of equipments come across .