Economic Implications of Poor Power Quality

摘要

Poor power quality is really becoming an increasing phenomenon. Studies revealed that most companies, particularly multinationals in Nigeria, do not pay enough attention to the effects of poor power quality on their plant and equipment, and let the economic implications alone. The result is high production and maintenance cost. Findings also revealed that these companies loose an average of $50,000 annually owing to equipment damage (such as variable speed drives) caused by poor power quality. This paper focuses on the need for continuous monitoring and management of poor power quality disturbance parameters and the cost for economic implications of no addressing power quality issues.