Are you a large energy user in the >250kWhr category? Chances are you have received a letter from your retailer about moving across to KVAR metering. What does that mean exactly? In simple terms, your electricity meter will now measure the efficiency of your electrical system and penalize you for efficiency losses. One of the easiest way to fix that is Power Factor Correction.
Power factor is somewhat more complicated than that, but from a business owner’s perspective, it’s like having too much head in a beer. If your power factor is 0.75, you’re using (and being charged for) 25% more energy than what you should.
The payback period on a power factor correction system is about 18 months with further incentives available from Energex for selected areas. If you’re a large user, it’s far more cost effective to look at your energy problems as a whole, and therefore receive a greater return on investment.
*Factories and workshops
*Nightclubs and entertainment venues
*RSLs and Sporting venues
*Highrise buildings and commercial assets
*Shopping centers and retail outlets
There are plenty of retailers offering PFC as an addon to your power bill. The charges being offered are well in excess of reasonable costs. Ecoelectric can offer a direct design and installation service via our technical partners at ABB. We can analyze your power bill and determine a system to suit your needs. Offerings include a return on investment summary detailing the 18 month pay-back period, and a finance offering ensuring you’re cash flow positive from day one.
How do we reduce your overheads?
The first step is to undertake a brief energy audit of your business. This starts by taking a look at your power bill and requesting the ‘interval data’ from your retailer. We then determine what size of PFC unit will work for you, and at the same time look at other areas of the business such as;
Highbay and or LED lighting upgrades
Thermal issues such as west facing glass and or poor insulation
Non-inverter based air conditioning and or refrigeration
VSD (Variable Speed Drive) upgrades
Solar PV matched to load profiling via panel orientation
After taking a holistic look at your business, we can reduce your overall energy usage and then offer a range of solutions tailored for you. Our estimates are recorded and guaranteed in writing. The short story is, if we can’t model it, we won’t sell it! This gives certainty for your business, its cash flow and your investment.