Businesses are constantly striving to improve their efficiency and financial bottom line. Energy costs for many inner west businesses are now one of the top 5 expenditures that they face and striving to reduce electricity costs are a priority. Electricity prices are on an upward trajectory and expected to double within the next 10 years.

Companies that manufacture, run high power equipment or large machines can often benefit from investigating the benefits and use of power factor correction to reduce their electricity running costs.

What Is Power Factor Correction?

Power factor correction (P.F.C.) is based around the fact that electrical inefficiency exists in most a.c. powered Power Factor Correction Deviceequipment because the phase difference between the current and voltage caused by predominantly inductive components in the equipment (like motors for example) represents a significant power loss. By using power factor techniques, like the introduction of capacitors into the electrical circuitry, the phase difference between current and voltage can be reduced, resulting in reduced power loss. These techniques result is the majority of the power being used in the equipment as opposed to being lost due to current / voltage imbalances.

Assessing Power Factor

We can advise on how to accurately measure the power factor related losses that your business may benefit from addressing and discuss potential solutions like Power Factor Correction Devices. It should be possible to calculate the energy savings that can be made through P.F.C. implementation and the ‘payback period’ for installation of corrective devices.

Further Reading On Power Factor: https://en.wikipedia.org/wiki/Power_factor

(image courtesy of Eaton Corporation)