Robinson Road Marketplace, a small but high-volume shopping center, reached out with concerns about their fixed 3-year electricity rate. It was about to expire, prompting concerns about energy efficiency. They needed us to explore potential solutions to optimise their energy usage and costs.
Our immediate action involved a meticulous analysis of their energy bills and a detailed site audit to assess the feasibility of installing a power factor correction unit. Considering its benefits and potential return on investment, we felt it could be an optimal solution.
So, in collaboration with our supplier, Captech, we identified a solution that promised a hefty payback. The financial breakdown spoke for itself:
| Cost of installation & equipment: | $21,661.55 |
| Annual savings: | $12,928.74 |
| ROI: | 71.62% |
| Payback period: | 1.68 years |
