Power Factor Correction on commercial office buildings can achieve significant savings to your energy costs and reduce the demand for costly energy upgrades. Norman Saadrecently reviewed the energy demand of a new building within his portfolio and found that with the simple installation of a power factor correction unit the power factor would rise from .79 to .99 and would save an estimated 46.9 KVA. “in simple terms this means a saving of almost $6,000 per annum based on the power factor demand on our current electricity charges”. Norman also negotiated a rebate on the saving achieved from the energy provider resulting in a payback on the installation cost of only 8 months.
Henderson & Horning Director Billl Rees said “To identify your power factor correction, it is only a matter of reading your electricity bill carefully, as this contains a power factor penalty for peak load measured in KVA, the PFC can help you reduce such surcharges”.
The Power Factor is, roughly speaking, a measure of what proportion of the total power supplied to your business is actually used by the equipment.
The aim is to keep the power factor as close as possible to 1, as power factor penalties cut in if it drops below 0.85.
The PFC Equipment traps the reactive power by installing “banks” of capacitors. The capacitors store the reactive power and supply to equipment when it is needed.
Apply to your energy provider to have a complete energy audit done for your business, which also addresses your power correction requirements
These audits will generally identify cost effective savings opportunities.
