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Did you know that the annual energy cost of running a motor is many times greater than its initial purchase price?
For example, at a rate of 15cents per kilowatt-hour, a typical 15kW, continuous-running motor uses almost $21,000 worth of electricity annually, about 18 times its initial purchase price.
A small improvement in motor efficiency can dramatically reduce your energy costs. Replacing an old, standard efficiency 15kW motor can immediately reduce your annual electricity cost and deliver a payback period of less than 1.5 years. In fact, the larger the motor kW and the older the existing site motor, the quicker the payback will be. In a research paper called Maximizing Electrical Investment: The financial impact of motor selection, the author states “…replacing worn-out motors with high-efficiency motors is the prudent thing to do since the higher purchase cost will be recovered in less than six months. Depending on your facility, it may also make sense to replace functioning standard-efficiency motors as well.”
According to the International Energy Agency (2011), in industrial applications up to 69% of the energy used is related to electric motors, which are the driving force behind heating and ventilation systems, conveyors, processes, pumps, and air compressors to cite only a few.
On the other hand, the electric motor’s purchase price represents only 2% of its total cost of ownership (TCO). More than 90% of an electric motor total life cost is related to energy use. This is why a small improvement in efficiency can go a long way.
Teco MAXe3 range offers the best efficiency in the Australian market. Not only do the motors exceed the appropriate high efficiency levels in the standards (AS 1359.5 and IEC 60034-30), but they also offer superior power factor, minimising transmission losses in the supply cables and transformers. Teco took a holistic approach in maximising your gains when choosing a MAXe3 over competing products.
Start saving now, inquiry about replacing your motor with a Teco MAXe3.