Energy Savings.

Energy Saving with the Optidrive VTC

The Optidrive VTC provides the potential to yield very large energy savings - particularly on any pump or fan that runs continuously.

Energy costs are set to continue rising for the foreseeable future. Variable speed drives provide the ideal solution to maximising the energy efficiency of electric motors.

The Optidrive VTC provides powerful and flexible control that is ideal for applications such as centrifugal pumps and fan units, where large and immediate energy savings can almost always be found.

The Optidrive VTC can easily be integrated into an existing control system or can operate on a stand-alone basis. It can also be run with a manual speed control from a potentiometer or closed loop with feedback signals from pressure, temperature or flow signals.

20% reduction in speed can mean up to 50% reduction in energy used.

Saving energy also offers many other benefits - including tax breaks. In the UK, The Enhanced Capital Allowance (ECA) scheme can bring significant financial savings, in the short and long-term, as well as improving a company’s energy-efficiency and its impact on the environment.

An immediate cash-flow boost
An ECA provides 100% tax relief on any investment in energy-saving equipment, in the same tax year as the purchase is made. This means a business paying corporation tax at 28% will receive 28p tax relief for every £1 invested in energy-saving products.

If the equipment isn’t on the Energy Technology Product List (ETPL), or doesn’t meet the relevant criteria, the most a company can claim is 20% tax relief, which works out at only 5.6p for every £1. So, in effect, an ECA provides a cash-flow boost of 22.4p for every pound invested.

The financial benefit will be different if a company is paying income tax, or if it has a different marginal rate of corporation tax.

Another benefit of the scheme is that it reduces the payback period on the initial investment.

Lower long-term energy costs

As well as the added tax incentive, investing in energy-saving equipment could reduce a company’s energy bills, as it has lower running costs. This will also reduce a company’s Climate Change Levy, so there are significant long-term savings to be made from the initial investment. For more information about the ECA scheme please visit http://www.eca.gov.uk/etl/ .