A British company called VPhase plc, has developed a product that it says can reduce the energy consumption of many domestic electrical appliances.
The company is a subsidiary of Energetix Group (AIM:EGX), and it announced small-scale trials in cooperation with Scottish and Southern Energy PLC (SSEZY.PK) and an unidentified social-housing group in the northwestern part of the country.
The so-called Smart Voltage Management product is designed to be attached to a homes fuse box in order to control the incoming voltage for selected circuits to a target set point of 220 volts. This is slightly higher than the minimum design point for electrical items in Europe, thereby ensuring that electrical appliances in the home operate closer to the voltage condition for which they were designed.
VPhase says its in-house tests have demonstrated that the product can typically save 10% of the electricity across a range of domestic products including fridges, freezers, central heating pumps, televisions and other items, even ‘energy-saving’ light bulbs. This should equate to savings for the typical homeowner of £50 per annum.
In addition, there is evidence that the life of electrical appliances can be extended by the use of the product; light bulbs, in particular, have demonstrated at least two times longer life when on a circuit managed by the voltage management product as compared to those without the product, VPhase said.
Lee Juby, CEO of VPhase, commented: "Our entry into the social housing sector is a key milestone as it represents a significant route to market for us. We are already working with a number of UK utilities to introduce the VPhase product into households. In our entry into the housing association market we look forward to helping more UK homes to reduce their emissions and energy bills, thus helping to make social housing to become even more affordable.”
Energetix three businesses are: Pnu Power, compressed air back-up power; Genlec, distributed generation in the home; and VPhase.
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