News
| Household electricity price hikes nothing compared to what industry faces | 08-05-06 |
A recent Federal government plan to axe cost-protection safety nets of electricity prices is the third example in quick succession that electricity conservation will be a major bearing on the companies’ profitability in the years to come.
Naturally, mainstream press seems inclined to concentrate on how households will be affected.
Yet very few in daily media are giving consideration as to how significantly this will impact across industry – a part of our society that depends on this energy source for production.
Plans to nationalise the regulation of retail prices of electricity could see tariffs rise in every State in Australia to meet the national average, so finding all possible avenues to decrease electricity consumption within your business will become more and more crucial each year.
Obviously, this will affect pretty much every single business in every State and Territory of Australia, because there is no business today this that operates totally without electricity.
As a ducting specialist, we are heavily involved in environmental management systems, product transfer, heat and fume management, and bulk handling of all types of product.
Almost always there is constant use of electricity in these processes. So, to counter any electricity worries for our clients, we have concentrated to deliver technology that brings them the most economic will return to the electricity invested in operating them.
As electricity prices rise, our clients are offsetting this through ducting technology that is lowers running costs.
Our Optiflow system, for example, is a groundbreaking adjunct to any ducting system as it implements a negative pressure chamber to the product suction process.
This uses far less electricity because a negative pressure chamber requires very little power to operate.
Proposed abolition of cost protection safety nets is the third in a series of electricity market price shake-ups that have made industry aware of the cost implications.
A recently proposed parliamentary bill by Federal Secretary Warren Entsch for a new energy efficiency program to boost Australia's economy and lower the rate of growth in greenhouse emissions could see, from 2006, any business using more than 0.5 petajoules of energy annually within its corporate group to be registered under a program.
Once registered, a company will have to prepare an assessment plan that spells out how it is going to assess the various parts of its business over the five year program cycle.
Price hikes have also been publicised by the National Electricity Market Management Company (NEMMCO) in its VIC/SA Summer outlook. As a good representation of what business on the eastern seaboard can expect in the coming year, the NEMMCO outlook forecasts a steady rise at least until August 2006.
It shows peak demand is most likely to have occurred between November 2005 and now, coupled with a simultaneous reserve shortfall - a period where prices will have probably been at their greatest.
Whether you implement the technology or not, it is definitely worth taking the time to see who Optiflow works. Let us work out the potential savings in electricity for you. It may make the decisive difference as electricity becomes a very costly operating resource.