Does Your Business Need Power Factor Correction?
Taking control of and monitoring Power Factor can lead to reduced kVA demand and therefore reduced electricity costs. Improving Power Factor can lead to savings on your business electricity bill.
Installing Power Factor Correction Equipment can be a cost effective measure to reduce your business electricity bill. Power Factor Correction projects with short payback periods, in some cases approximately one year.
Power factor is the measure of how effective incoming power is being used at a site; it is expressed as a numerical value between zero and one. The closer a power factor is to one, the more efficiently a business is consuming electricity. A power factor between 0.95 and one is more cost effective. Learn more about Power Factor.
A poor power factor can negatively impact electricity bills.
Power factor can be improved by installing PFC equipment called Capacitor Banks. Capacitor Banks work to correct energy supply inefficiencies, while also reducing peak demand on the electricity network.
We offer businesses the opportunity to receive funding to assist with the installation of PFC equipment. Check below if you’re eligible!
To be eligible to apply for Energex funding you will need to answer YES to the below questions.