Everyone needs to learn about power factor correction in order to understand and take control of their energy bills. In fact, by following just a few simple steps you could save a considerable amount of money on your regular power bill.
The Benefits of Power Factor Correction
Devices do not use reactive power directly and this is where you pay more. You should not be paying this additional cost. When you have improved power factor results you will pay less; it is just that simple. Even better, you will get better life out of your electrical devices as well. These are just a couple of reasons power factor correction is so important.
In most cases, the power supplier charges for kW. There will also be additional charges for the maximum demand tariff. When the maximum demand tariff is measured in kVA, the power factor improves. In addition, it will also minimize the kVA of the installation. The result will be reduced maximum demand tariff and lower energy bills. You will be reaping the benefits of power factor correction for a very long time.
A poor power factor draws more power for the same power consumption. Power factor correction works to minimize power consumption. It enables the system to draw a reduced amount of reactive power, costing you less money on your monthly energy bills.
Keep in mind that it could take as long as one to three years before you start to see a payback from power factor correction. However, it will soon be saving more money each month than you may have thought possible.
