Do you need ‘power factor correction’?
If the electricity your business uses costs more than $35,000 a year, you may benefit from the installation of a ‘power factor correction’ unit by an EcoSmart Electrician.
According to Eaton, a power management company, businesses that improve their power factor from 70–95% can reduce its energy use by 7%.[1] Payback for improving your power factor can be as low as 1.5–2.5 years.[2]
Your EcoSmart Electrician can explain the relevance of this to your business.
St Andrews Village, NSW
Director of Care at St Andrews Village, Pip Carter, advises other aged care facilities to invest in equipment and to get buy-in from top levels for energy efficiency upgrades.
“To generate significant long-term savings you often need to invest in new equipment, which can be quite costly,” said Carter.
“To get your initiatives across the line, pitch the benefits to the Board from a business point of view, in terms of cost savings and payback periods for any new equipment.”[3]