Many people have heard about power factor correction, but aren’t too sure about exactly what it means, or is. Here is some basic information about it, in very simple words. Power factor is essentially a measurement of the effectiveness with which your commercial business uses the energy that’s supplied to your location.
In an industrial setting, you are able to reduce the amount you pay as a power bill, by cutting down the power factor surcharges that show up on various electricity accounts; these show up as the peak demand charges from your power company. This is exactly the reason why there is such a huge growth in power factor correction.
Currently, many businesses are being charged via a kVA tariff, rather than a kilowatt one. This also means there is a distinct possibility that your electricity service provider is charging you for power they are supplying to you and which you aren’t really using. In short, you end up paying for power that’s going waste. The other considerations:
Every industrial setup has different power requirements, different types of equipment and tools that run on electricity; and it’s important that you connect with a company that is able to understand your requirements and provides custom solutions. Once they help set up the right kind of power correction equipment, you can benefit in a number of ways.
As a business owner, you know you want to reduce operational costs and while you are sure to have a number of other measures in place, understanding how power factor correction will help you, is one way of making a significant change. For more information, simply speak with the experts at Allround Electrical and take their advice on various aspects of power factor installation solutions. The number to call is – 1300 169 263. You can also write to us at this email address.
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