Quote:
Originally Posted by sikeston34m
Power Factor Correction is a reality. The Power Company that serves the Cold Storage Facility where I work, measures our Power Factor. If our Power Factor falls below a certain percentage, we are penalized for it. I believe where they draw the line is somewhere around a 95% PF.
Our PF usually runs around 79% to 81%, depending on the season and average KW consumption.
It's always amazed me that the Power Company can and does measure how effeciently the power used. I believe they are measuring feedback.
We are always (24/7) running 750 Compressor Horsepower and ten 10 horse evaporator fan motors.
IF we had Power Factor Correction, it could equate to a savings of 1000 bucks a month off the power bill. Around 8% of the Total Bill.
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We experienced the same thing at my previous company. If we had spent the money as was suggested, our savings would have averaged out about 8-12% they had said. The problem was that for the expenditure, the payback would have taken ten years. Since the company was on the verge of selling, corporate had no desire to expend that much cash into something that offered the current investors little to no payback.