Who looks at their electricity bill closely? Me, said no one ever! Unless you see an increase in charges (and/or usage), it’s the last thing people make time for. When an electricity bill comes in, a quick glance at the amount due or the amount of electricity getting used per day may be noted but other sections in the bill are generally overlooked.
kVA explained
What is Power Factor Correction (PFC)?
Then there’s power factor. What is it? How do you know what yours is?
Your electricity bill
If your most recent bill has a charge for kVA, a poor power factor could be inflating your bill and may mean it isn’t close to ‘unity’ (1). Most efficient sites have a power factor close to 1, but a lot of facilities can have a power factor of 0.7 to 0.8. It doesn’t seem like a big difference but any increase towards a power factor of 1 can mean significant reductions in demand charges on your electricity bill, with 0.98-0.99 being the goal for most sites.
So where on the bill can you find this sneaky and unnecessary charge and how do you reduce costs effectively as well as become more energy efficient? Have a look at the sample below, then have a look at your bill.
Power factor correction (PFC) is one of the most cost-effective solutions on the market today to prevent rising energy costs.
Take action now!
Why pay up to 20-30% extra for your power when you may not need to? Remember, understanding your electricity bill empowers you to make informed choices. By optimising your power factor, you can enhance efficiency and potentially lower costs.
Consult with a company expert at implementing energy-efficient practices to reduce your electricity bill with equipment manufactured in Australia and installed by an Australian owned and operated company.
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