Forum Group acquires powerPerfector Australia

Forum Group has acquired energy and power optimiser powerPerfector Australia.

The acquisition of powerPerfector, the company ranked number two on the 2013 BRW Fast Starter list, enables Forum Group to provide businesses with cost- and energy-saving technology that simultaneously provides integrated power conditioning and energy security. powerPerfector Australia’s revenues increased by 600% YoY to $34m in 2012, according to BRW.

As the official distributor of the UK’s voltage power optimisation (VPO) product, powerPerfector, in Australia and New Zealand, Forum Group aims to drive down power costs for businesses all over the country. The powerPerfector VPO units optimise buildings’ energy use by addressing the problem of overvoltage supply on their power networks, providing extensive financial and energy savings.

“Businesses may overlook monitoring and managing their energy consumption as it can be time-consuming and expensive. The solutions can also be costly as well as extremely slow to provide any ROI,” said Sam Davey, sales manager at Forum Group.

“powerPerfector is a simple solution to these problems, providing an immediate 3-10% improvement in power factors. On average, the savings from VPOs are calculated at 10 to 20%.”

There are over 500 powerPerfector VPO units installed Australia-wide, averaging thousands of dollars in savings for each of the businesses involved. “The installation of powerPerfector at Adelaide Town Hall has reduced electricity consumption by 9.3%, an annual saving of over $30,000.”