Probably your company is looking for different ways to save money to increase earnings or making new investments. There is a hidden solution in your compressed air system waiting for you.
We are here to help you improve your energy efficiency by reducing electric consumption and saving money with the added value of reducing upstream greenhouse gas emissions.
To establish your estimated annual electrical bill to produce compressed air in your company, you can use the following formula:
PC is the Power Cost (annual)
HP is the total horsepower in air compressors running over a determined time
0.746 is the conversion factor from HP to kW
Hours is the hour per year your system is running
Energy cost is the cost the company pays per kWh (add last 12 electric bills and divide by 12)
ME is the motor efficiency. Use .9 if you do not know it.
For example, a company that pays 0.06 $/kWh has 400HP running along 4,160 hours a year (16 hours a day from Monday to Friday). The estimated company cost to run the compressed air system is $ 82,756 per year.
Considering that you can have energy consumption reductions of 20 to 30% your savings will be $16,500 to 24,800.