To examine a recently proposed hypothesis that silicon nanoparticles are the source of extended red emission (ERE) in the interstellar medium, we performed a detailed modeling of the mean Galactic extinction in the presence of silicon nanoparticles. For this goal we used the appropriate optical constants of nanosized Si, essentially different from those of bulk Si due to quantum confinement. It was found that a dust mixture of silicon nanoparticles, bare graphite grains, silicate core-organic refractory mantle grains and three-layer silicate-water ice-organic refractory grains works well in explaining the extinction and, in addition, results in the acceptable fractions of UV/visible photons absorbed by silicon nanoparticles: 0.071-0.081. Since these fractions barely agree with the fraction of UV/visible photons needed to excite the observed ERE, we conclude that the intrinsic photon conversion efficiency of the photoluminescence by silicon nanoparticles must be near 100%, if they are the source of the ERE.

Latex2e, uses emulateapj.sty (included), multicol.sty, epsf.sty, 6 pages, 3 figures (8 Postscript files), accepted for publication in ApJ Letters, complete Postscript file is also available at http://physics.technion.ac.il/~zubko/eb.html#SNP1