Case Study – Voltage Reduction – Residential Property Management 1,641,251 kWh / year $18,770 a year savings
Markets available: All CDN and USA markets, UK.
A major property management firm in Ontario installed a CVR (Conservation Voltage Reduction) unit which after M&V (measurement and verification) showed $18,770 a year savings or 8.53% of their total electricity bill.
The customer finds a 2.6 year ROI which considering the 15+ year lifespan of the product is excellent and as well lowered their Greenhouse gas emissions by 25 Metric tons a year.
The closer you are located to a sub station the more you pay for your electricity as a higher than required voltage is sent out due to line loss to avoid black out/ brown outs for those located at the end of the line.
As such about 80% of our customers are paying more for their electricity then necessary. Acting like a ‘dam’ to block the unnecessary, higher incoming voltage lowers costs as higher voltage increases your kWh and therefor your bill. Lower/ correct voltage also reduces wear and tear on your equipment (higher voltage/ hotter = wear and tear), and also improves the life of your other conservation efforts such as lighting.
CVR is suitable for customers using any volume of electricity over 1-1.5 million kWh a year however in Ontario customers over approx. 4 million kWh a year should look at battery storage to eliminate the Global Adjustment.
For more about this product which is subsidized by your local utility (Canada) by up to 50% please find the link below:
Slideshare overview in PDF:
Special finance programs are available for Not for Profit in the City of Toronto
For a no obligation voltage test and savings analysis please contact us today at 416-840-1485 x 1 or firstname.lastname@example.org
CVR is suitable for customers using any volume of electricity over 1-1.5 million kWh a year however in Ontario customers over approx. 4 million kWh a year should look at battery storage to eliminate the Global Adjustment which would see a net savings of 25-40% of the entire invoice.