I have a KVAR device installed in my home. I have been saving 15% all summer long. Just by saying this much, I fear I have placed myself in danger of being scolded for being foolish; however, I know I am saving money.
Could it possibly be that the distance between my breaker box to the points of use are not significant enough to reduce my power factor and thereby negate any savings? Or, in terms I sometimes understand for this device's functionality, since I'm correcting backward through the meter, maybe it's actually better not to place the device at the motor as has been suggested? Perhaps it's a combination of both?
Then again, it's difficult to understand how I'm seeing any savings at all (I really haven't changed my energy habits at all) if residential services do not get billed for this non-productive current. Could this assumption be incorrect? How, after all, can an electric company know how you are using the power they sell you?
I'd appreciate civil responses. You see, my parents have become an outlet of KVAR controllers and I hate to see the likes of them be labeled as scammers, something which I know they are not.
Thanks,
Rob Schwenck