However, I’m not buying it. There are two great resources on-line that address this same issue. One is Energy Star and the other is a blogger I’ve been reading for 4 years and has a great section on electricity, Michael Bluejay. Both of these resources say power factor correction really wont help on your residential bill. It can make a difference for certain industrial users who may be billed by the Utility for peak demand, but this is another story (and it is addressed in the Bluejay article).
To go a little deeper, the formula for Power Factor (PF) is below:
PF = Real Power (Watts) ÷ Apparent Power (VA)
The power factor correction devices are said to improve the second half of the above equation, the Apparent Power. However you don’t pay your utility for Apparent Power. You pay them for Real Power (Watts). I would like to see more info from the manufacturers of these devices on how improving PF helps save you Watts! Basically, your utility doesn’t really care what your Power Factor is, so I want to see some evidence on how this device impacts your energy bill.p