Power Factor Correction and Why It is Important For Your BusinessAlexandra Davies | May 27, 2015 | 0 | electronics
Power Factor or PF measures the efficacy with which the incoming electrical power is being used at a site. The power factor is typically expressed as a numerical value between 0 and 1. If the value of the PF approaches one, then it is a sign that the electrical power is being used more efficiently. When the power factor Brisbane measurements for a business are between 0.95 and 1.00, then the business is utilizing its power most efficiently and also very cost effectively. Poor power factor will negatively impact the amount of electric bills that you will pay. Businesses must, therefore, always strive at optimizing their power factor in order to maximize on their energy efficiency. One of the most effective ways of achieving this is through power factor correction.
Power Factor Correction
Power Factor Correction or PFC is the process through which your PF is optimized through the installation of the Capacitor Banks. The main purpose of these Capacitor Banks is to correct the inefficiencies in the energy supply in order to increase the energy efficiency Brisbane businesses desire to save on the power bills. Through the power factor correction, it is also possible for the businesses to reduce demand charges Brisbane utility companies levy on the electricity networks for businesses.
Businesses in Australia can get financial assistance or funding in order to improve their energy efficiency by installing the power factor correction equipment. In order to be eligible for this kind of funding, your business must be situated in an eligible suburb; have an Australian Business Number and must also be on a demand-based tariff. If you are unsure about the tariff on which your power supply is on and are interested in installing the power factor correction equipment, you can contact your electricity retailer in order to get this bit of information before you apply for funding for the power factor Brisbane corrections.
Later in 2015, the Australian utility company Energex will revise the tariffs for the large businesses consuming more than 100MW but less than 4GW. While this is meant to ensure that the costs are more evenly distributed across board, it could also be costly if your system is not very efficient.
This means that if your power consumption is not optimized for energy efficiency, you are likely to see a spike in your electricity bills. It is therefore imperative that you invest in a good quality power factor Brisbane correction equipment in order to optimize on your electrical consumption while cutting down on your energy bills. To be on the safe side when these costs will be reviewed, it is important to invest in the power factor correction equipment so that you are not severely impacted by the peak demand charges Brisbane levies on businesses.
It is also important to choose the best PFC installers in order to carry out professional installations on your premises. While installing your power factor correction equipment, it is also important to evaluate whether your business qualifies for energy rebates which are offered by Energex. These might help you save on costs further as you work on the optimization of your energy consumption. For additional information viist http://www.ecopoweredsolutions.com.au/peak-demand-reduction.html.