Reducing Total Cost of Ownership in Pumping Systems
Wherever pumping systems are present–in environments such as buildings and water / wastewater and oil and gas facilities–energy consumption exerts a major influence on cost. Despite the fact that electrical energy cost represents 40% of the total cost of ownership of pumping systems, many organizations fail to introduce the proper steps to leverage cost reduction through efficiency improvements. To solve this dilemma, the following major barriers need to be recognized and addressed: Lack of proper metrics – Energy efficiency has traditionally not been used in assessing performance.