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Get a handle on rising energy costs with leased voltage optimisation

08 December 2014

Dr Alex Mardapittas, creator of the Powerstar voltage optimisation solution says leasing schemes offer alternative purchasing solutions for companies looking to install voltage optimisation.

Heating and lighting costs, especially at this time of year when days are short and nights are cold, can be a financial headache for businesses, particularly those operating round- the-clock and on tight margins.


The installation of voltage optimisation (VO) systems - technology that results in energy savings by managing the excessive incoming power from the National Grid - continues to be a favoured solution in the UK and across the world.


The benefits of installing the technology have now been enhanced by the ability of customers to lease the Powerstar system, which is designed and produced in the UK, without having to pay any up-front costs. 


The full range of Powerstar systems are being offered with two flexible leasing packages. The finance options will enable industries of all types and businesses large and small, including warehouses and factories, to take advantage of VO.


Monthly re-payments can also be set below the level of monthly savings to create a positive cash flow from the outset and all re-payments are 100% tax deductible.


The two leasing packages available offer flexibility for businesses to budget and make choices. 


The operating lease allows monthly payments to be made over a five-year fixed period. There’s no up-front cost and the 60 manageable payments remain the same during the term, making budgeting easier. When the five years is up, there will be a 20% residual balance and at this point the customer has a choice either to buy the VO system at the residual value, re-finance the outstanding balance or return the unit to Powerstar. As operating leases are also ‘off-balance sheet’, they do not affect profit and loss figures. 


With the finance lease, the term is flexible. At the end of the agreement the customer owns the unit outright. Payments are monthly and no up-front payment is needed, so you can keep money within the business for longer and continue to use it as working capital, while reaping the benefits of Powerstar’s pioneering energy-saving technology.


Both options make Powerstar more affordable for businesses that want to invest in VO products but are unable to commit to upfront costs. 


The Powerstar design ensures that regardless of the type of load that it is connected to, savings will be achieved through the negative power it creates by returning excess voltage above the Powerstar set-point back to the grid. This results in 70%-80% of the total savings, while the remaining 20%-30% comes from the more efficient way that equipment operates when voltage optimisation is applied.


Powerstar solutions deliver an average return on investment of 2 to 3 years and average savings of 12-15% on a variety of loads within a site - including LED lighting, which most other VO systems can’t provide. A tender recently awarded by University of Melbourne proved that, of the many VO systems tested, Powerstar was the only one to be able to verify savings.


Powerstar has also shown that significant savings - between 6-10% - can be achieved when modern variable speed drives (VSDs) are connected.


All Powerstar units have a 15-year warranty and boast a 100% reliability record. In addition, the system has no recorded failures.

 
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