Forme Technologies is a privately owned Australian tech company that specialises in plastic injection moulding services. They have been operating for 20 years and are 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 their peak daytime energy charges, which would mean a 65% increase in overall energy expenditure.
Choice Energy provided a comprehensive tender to secure market leading retail rates.
Following this service, Choice Energy installed a turnkey 75 kW industrial solar solution complete with 175 kVar Power Factor Correction unit to reduce their demand from the grid.
The total savings from the combined equipment installation amounted to $28,000 per year, subsidized by over $40,000 in government funding.
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