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SAVING ENERGY BY USING AC DRIVES
Our climate is changing - both in Britain and around the World. Due to man-made pollution that trap’s the sun’s heat, the planet may never have warmed as fast as it has in the past 25 years.
What is an AC Drive...?
An AC Drive or Variable Speed Drive (VSD) is a device that can control the speed of an electric motor. Most conventional motors run at full speed only, but a VSD-equipped unit means it can run at a variable rate. This allows the motor to drive a pump or fan at a speed appropriate to the requirements of the process.
Why use an AC Drive...?
Because energy and motor speed are exponentially related, even a relatively small reduction in speed can result in a significant energy saving. Fitting an AC Drive to a motor is an attractive cost-saving project for many businesses, as it can provide quick results and a relatively short payback period.
How can Vacon help...?
Motor driven systems are major energy users. A motor running at a typical commercial or industrial site for 4,000 hours a year has an annual electricity cost of about 10 times its capital cost. Motors consume an estimated two-thirds of electrical energy used by industry, so even modest efficiency gains can deliver substantial savings. By taking energy savings measures you could achieve energy savings of up to 20% across your site.Fitting a Vacon AC Drive will enable you to control the motor speed in order to match the speed need from the equipment it is driving. Rather than using a Direct on Line solution a 20% speed reduction can result in a power reduction of close to 50%. Furthermore, a drive is relatively simple to install or retrofit.
Key Fact: A 20% speed reduction can result in a power reduction of close to 50%...!
COUNTING THE COSTS
Being more energy efficient makes sound economic sense because using less energy lowers operating costs. From an environmental perspective, it’s an effective way for business to cut carbon emissions and, in turn, combat climate change.
Enhanced Capital Allowances
The Enhanced Capital Allowances (ECA) scheme provides businesses with 100% first year tax relief on their qualifying capital expenditure. The Energy Technology List (ETL) specifies the energy-saving technologies that are included in the ECA scheme.The scheme allows businesses to write off the whole cost of the equipment against taxable profits in the year of purchase. This can provide a cash flow boost and an incentive to invest in energy-saving equipment which normally carries a price premium when compared to less efficient alternatives.
The Carbon Trust
The Carbon Trust is a private company set up by the Government in response to the threat of climate change. It offers advice on reducing CO2 emissions and has been set up to help businesses fund energy saving projects by means of Interest Free Loans of which payment could be off-set by savings in your energy bill.
Interest Free Loans
Energy-Efficiency Loans from the Carbon Trust are a cost effective way to replace or upgrade your existing equipment with a more energy efficient version.Small or medium-sized enterprises (SME’s) in England and Scotland, or all businesses in Wales* that have been trading for at least 12 months, could borrow from £5,000 to £100,000 (£200k in NI). It is unsecured, interest free and repayable over a period of up to 4 years. There are no arrangement fees and applying is straightforward.
Key Fact: A motor running for 11 hours a day at a typical commercial or industrial site costs ten times more in electricity than its capital cost.
The Next Step
If the opportunities outlined for potential savings are of interest and you would like assistance in developing a plan for implementation then please contact us today and we will be able to help you reduce your energy consumption and start saving you money.Vacon can assist you every step of the way to obtaining an Interest Free Loan from the Carbon Trust. This loan will cover the expenditure needed for each project and we can also show ways in which you can offset the repayments with the savings you will make when fitting one of our VSDs.
- Free Drives Audit & Site Survey
- Energy Saving Calculations (inc. CO2, kWhr, payback periods)
- Carbon Trust loan application
- Climate Change Levy information & provision of assistance for ECA claim back
- Motor Management guidance
Should you have any further questions about energy saving with VSD’s or you would like more information covering aspects of climate change feel free to call us today
“The AC Drive represents technology that boosts the performance of an electric motor and saves energy. AC Drive’s enable more cost effective production, reduce the greenhouse effect, a play a part in meeting emissions targets. Despite this, less than 1 in 10 electric motors in the world is fitted with an AC Drive - financially it would be justified to install an AC Drive on at least 1 in 3 electric motors.” If the opportunities outlined for potential savings are of interest and you would like assistance in developing a plan for implementation then please contact us today and we will be able to help you reduce your energy consumption and start saving you money.Vacon can assist you every step of the way to obtaining an Interest Free Loan from the Carbon Trust. This loan will cover the expenditure needed for each project and we can also show ways in which you can offset the repayments with the savings you will make when fitting one of our VSDs.Free Drives Audit & Site SurveyEnergy Saving Calculations
(inc. CO2, kWhr, payback periods)Carbon Trust loan applicationClimate Change Levy information & provision of assistance for ECA claim back Motor Management guidance
Vesa Laisi, President & CEO Vacon Group
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