Forme Technologies is a privately-owned Australian technology company that specialises in plastic injection moulding services. It has been operating for 20 years and is based in Carrum Downs. Being in the technical manufacturing industry, Forme Technologies tends to use a lot of electricity.
Due to meteoric Australian electricity price increases, the business was facing an increase of 270% of its peak daytime energy charges, which would mean a 65% increase in overall energy expenditure.
How we helped
After being introduced to Choice Energy, we ran a comprehensive tender to secure market leading retail rates.
Following this service, we identified further savings by installing a 74kW turnkey industrial solar system, complete with a 175 kVar Power Factor Correction unit to reduce the business’ demand from the grid.
Forme Technologies will produce a significant amount of its own energy through a 74kW solar system
Forme Technologies is expected to save approximately $28,000 per year on energy bills
Choice Energy was able to secure up to $40,000 in government rebates to help the business fund the system