Power Factor Correction

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Power Factor
Correction
What is power factor?
How to organise installation and apply for a rebate
Power factor is the ratio of the amount of electrical power that is
actually used at the premises compared to the amount of electrical
power supplied. A power factor of 1 implies that you are paying only
for what you use. A power factor of less than 1 implies that you are
paying for what you use plus an amount that you could have avoided
by installing Power Factor Correction (PFC) equipment.
•
Talk to your electrical contractor to arrange a quote. ActewAGL’s
preference is that your electrical contractor is a member of NECA*.
•
ActewAGL will provide a rebate towards the cost of the equipment
and installation of your PFC equipment.
* National Electrical Contractors Association.
Terms and conditions
How can power factor be improved?
ActewAGL requires that power factor be greater than 0.90. A lower
power factor can be improved by installing PFC equipment sometimes
called a capacitor bank. PFC equipment not only reduces the power not
used but also reduces peak demand on the electricity network. The PCF
equipment is housed in a metal cabinet, similar to the one that houses
your electrical switchboard,
and is often located in or near your main switch room.
The graph below demonstrates how peak demand can be reduced after
PFC equipment is installed.
•
Your electrical consultant or contractor will submit a design
proposal to ActewAGL for verification as we need to know that
the PFC equipment is rated for your load and that the equipment
chosen complies with the ActewAGL’s Service and Installation Rules
for Connection to the Electricity Distribution Network.
•
ActewAGL will provide a rebate towards the cost of the equipment
and installation of your PFC equipment after it has been installed,
successfully commissioned and an invoice submitted.
•
PFC equipment must be installed and successfully commissioned,
including any approval by ESDD , before 30 May 2014 to be eligible
for the DMIS rebate.
•
Estimated savings have been calculated by ActewAGL based on
2012 usage data.
•
Electricity bill savings apply to the demand component of electricity
charges only.
•
PFC equipment must be installed in the ACT to be eligible for
the rebate.
1000
900
800
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600
500
400
300
200
100
0
Jan
Feb
Mar
Apr
May
Peak demand after installation
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Current peak demand
The cost of PFC equipment varies depending on the nature of your
business and its size. There is a cost for this installation however
expected payback periods are typically between 1 and 3 years.
For more information
please call ActewAGL on 02 6293 5898.
Language assistance
What is the Demand Management Incentive Scheme?
To help you improve the quality of electricity supply at your premises
and reduce energy costs, ActewAGL has launched a Demand
Management Incentive Scheme (DMIS). For a limited time, if you decide
to install PFC equipment at your premises ActewAGL will provide a
rebate towards the cost of the equipment and installation.
Who is eligible?
CCA0813/04
Commercial customers on Demand tariff are eligible to participate.
Customers on these tariffs have a significant component of their
monthly charge based on the highest or peak demand. The PFC
equipment has the capacity to reduce this peak demand and therefore
the cost for electricity.
ActewAGL House 40 Bunda Street Canberra ACT 2600 I GPO Box 366 Canberra ACT 2601
t 13 14 93 I f 02 6249 7237 I actewagl.com.au
ActewAGL Distribution ABN 76 670 568 688.
13 14 50
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