TOTAL COST OF OWNERSHIP (TCO) = INITIAL PURCHASE COST + (YEARS OF SERVICE x YEARLY COSTS)
| YEARLY COSTS |
= |
ELECTRICITY
|
| + REPLACEMENT |
| + MAINTENANCE |
| + PRODUCT SCRAP |
| + LOST PRODUCTION |
| (DUE TO CHANGE OVER AND CYCLE TIMES) |
|
The efficiency differences between an electric and pneumatic system can result in significantly different electric utility costs over the lifetime of the device.
White paper
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Calculating the power costs of an application
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| Assumptions: Electricity Efficiency 79%; Pneumatic Efficiency 22%; Cost kW/hr $0.08 |