Reducing energy costs for a commercial or industrial facility with the help of an accredited energy partner is a win-win situation – you can meet operational goals while saving money and you can access subsidies for reducing the facility’s carbon footprint. Here are some ways to reduce energy consumption, including power factor correction solutions, a commercial energy audit and commercial solar power systems.
Have an Annual Commercial Energy Audit
If you don’t know where you are wasting energy, how can your facility address opportunities to improve? A commercial energy audit will evaluate your facility’s electrical network and power quality, finding the source of wastage or power issues (nuisance tripping, equipment damage, electrical interference, etc.) and giving you a roadmap on how to save energy as well as improve your power supply.
Implement Power Factor Correction
If your commercial energy audit reveals a poor power factor, this is a good place to start reducing business energy costs. A poor power factor essentially means that your facility is receiving inconsistent supply from the grid. These dips and surges can damage equipment on the electrical network, cause processes to stop or slow down, and cause nuisance tripping.
Often, the power supplied to a facility is simply too high – more than you can use – which means that you’re paying for power that is going to waste. A power factor correction solution evens out your power supply at the mains, ensuring steady, clean energy is supplied to your network at the level you require for optimal operations.
This helps your facility reduce energy costs by preventing you from paying for oversupply and wastage, while also saving you equipment maintenance, repair and downtime costs.
Implement a Commercial Solar Power System
There has never been a more cost-effective time to invest in a commercial solar power system in Australia, thanks to the expanded government subsidy programs. The Economic Response to the Coronavirus includes an instant asset write off that has been increased from $30,000 to $150,000 and expanded to accommodate businesses with an annual turnover of less than $500 million, as well as 15-month investment incentive with no asset value threshold, allowing businesses to accelerate depreciation deductions. This means that free, renewable energy is more accessible to large and small businesses who want to implement or expand commercial solar power systems. This is an effective way of significantly reducing energy costs over the long-term while supporting cash flow.
Our Team Will Help Your Commercial or Industrial Facility Reduce Energy Costs
As specialists in commercial and industrial energy systems for over 30 years, Quality Energy has the expertise and resources to deliver results – from commercial energy audit through to the development and installation of custom energy-saving solutions to ongoing support. Contact us today about delivering a cost-effective, tailored commercial energy saving solutions, including commercial energy audits, power factor correction solutions and commercial solar power systems.
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