Small company slashes its bill by a quarter
A packaging company in Auckland, Boxkraft, had acquired a new business and moved into a new site. After a few months at full production, managing director Rodger Eaton was surprised at how much the energy bill had increased.
Energy management specialists Energy NZ were called in to analyse the problem. “We found a power-quality issue that was leading to significant network penalty charges but could be fixed with a system called power factor correction. The $21,000 investment would pay for itself in less than 18 months,” says managing director Andy Logue. They also found Boxkraft could save another $5,000 a year by switching to a network tariff which was better suited to their energy-use profile. The two discoveries meant Boxkraft could wipe out a quarter of their annual energy bill on an ongoing basis. “That was the cherry on the top,” says Andy.
Results like this aren’t unusual. “If your business has an energy bill of more than $10,000 a month and you don’t know where it’s going, get someone in to help,” he says.