Reducing Commercial Energy Costs

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Energy powers businesses. We are not talking about the energy of leadership, motivation or the benefits of a healthy breakfast, though these all have their merit. We are talking about energy: the type that flows out of power-points. Every day.
As budgets for owner occupied buildings remain tight, we know how conscious commercial property managers are about lowering energy costs. Terminology like ‘Maximum Import Capacity’ or ‘Public Service Obligation Levy’ can be confusing and, let’s face it, boring. But significant savings can be achieved with very little effort...

The key to saving money here is understanding your MIC (Maximum Import Capacity).

Maximum Import Capacity is the amount of space reserved on the network for any given meter. It is measured in KvA (Kilovolt Amps). Each meter is set at a different level, as set by the commissioning electrician. Your PSO Levy is calculated by the level at which your MIC is set. Too low, you pay more PSO. Too high, you incur excess penalties. If it helps, think of it as a belt, tightened by someone else. Too tight: it’s uncomfortable. Not tight enough: you lose your pants. You should be confident that your MIC is sized for an optimum level of PSO payment.

The PSO Levy is especially important at present, because the government have announced a significant increase in PSO beginning in October. The increase is estimated to be about 20%. Failure to review your Maximum Import Capacity will lead to higher energy costs. EnergyBroker’s MIC Sizing Guide can help you with this...

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