Power Factor Correction: Energy Savings and Tax Benefits

Power Factor Correction: Energy Savings and Tax Benefits

2 years ago
Explaining the Connection Between Power Factor Correction and IRS Section 179 If you’re a business owner or stakeholder to the financial health of a company looking to reduce energy costs and potentially maximize tax benefits, Power Factor Correction (PFC) might be a solution worth considering. There is much confusion and uncertainty when terms like Power […]
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History of Power Factor Correction

2 years ago
A Historical Journey: Power Factor Correction  Energy Efficiency Group, LLC  |  www.EnergyEfficiencyGrp.com One of the chief concerns we are confronted with early on is- “I’ve never heard of Power Factor Correction- is this something new?” In this article I hope to give a background look at the origins, improvements, and overall story of Power Factor […]
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Changes to Expect After Power Factor Correction

2 years ago
Do your operations and accounting department ever receive the monthly energy statement and wonder why it is so high no matter what conservation efforts you put forth?  It might have something to do with your power factor.  Power factor correction can improve your building’s efficiency and bring a welcome change to your next bill. But, […]
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How can Power Factor Correction benefit an Amusement Park

2 years ago
Energy Efficiency Group, in partnership with Theme Park Consultancy the Attractions Group, is introducing the Power Factor Correction concept to the family entertainment industry.  Amusement parks, with their mix of rides, lighting, restaurants, concessions, etc. can benefit from power factor correction in a couple of ways: Reduced Electricity Costs:  Many amusement parks use inductive loads […]
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Power Factor Correction, Explained

2 years ago
What is Power Factor Correction? Power factor correction (PFC) is a technique used in electrical circuits to improve the efficiency of power delivery. It’s particularly important for AC (alternating current) systems. Perfect Scenario vs. Reality In an ideal scenario, all the electrical power delivered by a utility company would be used to do real work, […]
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Common Question: How much are the savings achieved by Power Factor Correction

2 years ago
A common question we are asked by company operational stakeholder is: “how much savings will we achieve by conducting a Power Factor Correction?“ Unfortunately, there’s no single, definitive answer to the average savings a company can expect from power factor correction (PFC). Here’s why: Variable Factors: Savings depend heavily on several factors, including: Baseline Power […]
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The Shocking Reality: Rising Commercial Electric Rates

3 years ago
In the past few months, there has been significant indications about rising costs of electricity, especially for commercial consumers. The coming increases in commercial electric rates will become an ongoing concern for businesses, leading to higher operating expenses that will impact budgets. This article will aim to delve into the reasons behind this trend and […]
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Power Factor Webinar, May 10

3 years ago
Energy Efficiency Group, in partnership with the Attractions Group is sponsoring a complimentary, no obligation, webinar on Wednesday, May 10, 2023 at 1pm on Zoom. Click the details below to view the event on Linked In and register.   https://www.linkedin.com/events/energyefficiencyandunderstandin7059526219473584128/ #webinar #powerfactor #energyefficiency #efficientoperations #power
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