Funding for saving

Posted on 12 Nov 2013 by The Manufacturer

A new government funding scheme is allowing a UK manufacturer of voltage optimisation equipment to subsidise its customers so that they can thwart rising energy costs, enjoy savings and reduce carbon emissions. Alex Mardapittas, MD of EMSc (UK) explains.

The installation of a voltage optimisation system offers manufacturers and companies across all sectors a simple solution to spiralling energy costs and exacting requirements to cut carbon emissions.

Average savings of between 12% and 15% can be made with the installation of a voltage optimisation system, with the most efficient systems able to deliver savings of up to 26% of total electricity consumption.

Although the nominal voltage in the UK is 230V, the average delivered is actually 242V, sometimes it can even be in excess of 250V. By addressing this variance, Powerstar can help companies reduce their energy consumption and costs while also cutting CO2 emissions, without effecting business operations.

Furthermore, voltage optimisation is a key strategy in exteneding the life of manufacturing equipment and improving overall equipment effectiveness.

Support for investment

And, thanks to government funding, investing in this proven technology has just been made easier.

Government has created a £50 million fund for companies implementing one or more of three proven technologies identified by research to be efficient, effective and reliable.

In reports produced by the NHS Sustainable Development Unit and St George’s University, Voltage Optimisation, LED lighting and Variable Speed Drivers (VSDs) have been identified as the three technologies most capable of reducing carbon emissions. Voltage optimisation was found to be one of the most cost-effective solutions across a range of different sized sites.

EMSc (UK), which designs and manufacturers its voltage optimisation in Sheffield, is among a handful of UK companies responsible for promoting and administering the £50m pot of investment incentive.

The funding is time limited but will enable those who take advantage of it to substantially reduce their carbon footprint and cut costs with minimum effort.

A win-win proposition

The application process is straightforward and funds will be provided interest free for up to five years ensuring projects have a payback period of less than five years and are cash positive from day one.

Companies will be able to rely on the extensive knowledge available from the UK’s leading designer and manufacturer of voltage optimisation technology when they apply through EMSc (UK). By taking advantage of this new funding package public and private sector companies can enjoy the benefits of a voltage optimisation solution without concerns over onerous paperwork.

Additionally as every Powerstar system offers 100% guaranteed savings companies will save money from the very first day of operation and the funds that would have been spent on the installation of a voltage optimisation system can be spent elsewhere, purchasing manufacturing equipment or staff development, for example.

All products in the Powerstar range come with 15 years warranty, including parts and labour, and have a life expectancy of at least 50 years, giving peace of mind, as well as fantastic savings.

The clock is ticking

Applications for this funding can only be made through EMSc (UK) until December 31, 2013 and will be subject to status and approval.

For further information visit, email [email protected] or call on 01142 576 200.