To ensure that you are not paying more than you need to for your electricity, Cherry Broking offers a free energy retailer review, network tariff analysis and a recommendation on power factor correction. An energy broking and power factor assessment is a no win, no fee opportunity offered exclusively as part of our services.
Why pay more for the same electricity?
Cherry Energy broking can help you get a better deal on your energy plan. It doesn’t cost you anything extra and the process is hassle free!
Why should you switch?
By switching energy retailers you can immediately start saving money whilst supporting renewable energy sourcing*.
Can you switch energy retailers?
Anyone who is connected to the electricity grid can switch energy retailers at any time. If you are currently in a contract with an electricity retailer, you can find out from them whether there are any exit fees when you leave but ultimately, they can’t stop you from switching.
AS OF 1 JULY 2016, DEMAND CHARGES ARE CHANGING ON ELECTRICITY BILLS
Many businesses are seeing changes in the way they are charged for their demand read more here.
How does it work?
Contact us to know how much we could help you save
Send us a copy of your energy bill
We’ll put out your account for tender to our Partner Energy Retailers so you can get the best deal in the market!
Review the proposals and choose the one that gives you the biggest savings. Feel free to ask our expert advice!
Sit back, relax and enjoy cheaper, renewable* electricity
What is Power Factor?
Your power factor is the ratio between the real power your business requires and the apparent power required in order to supply it. If you have a good power factor, then your systems are running efficiently and your distributor is supplying you with only the power you require.
If you have poor power factor, you need to be supplied more apparent power in order to receive enough real power to run your equipment.
Ideally, Power Factor will be as close to 1 as possible. Generally, a Power Factor of 0.97 or below is classed as “Poor Power Factor” and the Network Operator will penalise the business accordingly.
How can you improve your Power Factor?
This is where Cherry can help. We can install Power Factor Correction equipment to reduce the amount of kVAs your business is supplied from your distributor and lower the demand charge on your bill. Power Factors can often be as poor as 0.5. The poorer the Power Factor, the bigger the benefit of installing a Power Factor Correction Unit and the quicker the payback. Anything below 0.95 and there is likely to be a strong case for a PFC Unit (particularly in QLD and rural NSW).
* Energy retailers source electricity from different sources. Please review each company’s corporate policy to make sure they support renewable energy sourcing