What is the life cycle cost of the compressor?
“What do you think about it?”
A clear overview of the life cycle cost of the compressor compares to the house or car that you buy. When you buy a house, you invested a big portion of the house itself then your monthly basic expense of that investment are electric bill, water bill, common fee, and maintenance fee.
What does the life cycle cost? How it affected your investment?
Life cycle cost same as the total cost of ownership means the cost that you pay for buying, maintaining, and operating the equipment for its total life.
Details of life cycle cost below following;
- Initial equipment cost
- Installation cost
- Maintenance cost (service and spare parts)
- Power consumption cost
Notwithstanding, the life cycle cost (LCC) would be analyzed after the production fully operate. The analysis will be reliable and safe in aspects of demand.
The common knowledge of the compressed air life cycle cost is energy/electric consumption. Here more detail for you to be clear overall of life cycle cost
- Energy cost ~76%
- Investment cost ~14%
- Maintenance cost ~10%
That’s why Atlas Copco always said that “Air is Free. Compressed Air not!” Follow our compressor blog, you can “Earn more” by saving your compressed air losses if you would like to understand more about the compressor technology visit our “compressor wiki, here!”.
How many types of energy costs? Check it here!
During the compressed air operation, do know which type of energy cost can lose during that time? Energy losses will affect your profit and the quality of your end product. The right prioritize can build up your opportunities to earn more.
Optimizing the following opportunities to earn more;
- Load Power – Power consumed when generating compressed air at absolute pressure with the required flow
- Unload Power* – The motor of the air compressor still ongoing without generating any useful compressed air.
- Blow off losses* - Every time the machine got into idle conditions, it can lead to the loss of valuable compressed air to the atmosphere.
- Pressure drop* - Every 1 bar(g) increase in pressure means electric power consumes 7% more power. If there any pressure drop in the system we continue losses power for useless.
- Air leakages* - if you check our article about the piping system tips, you will know the problem for the compressed air leakages lead to approximated 10% – 30% of the compressed air energy with the huge power losses in your operating air system.
*Stay updated with our compressor blogs*
The common topic in every industry aims to reduce unwanted costs by several best practices and the latest technologies.
Base on our operation to quantify and qualify the compressed air leakages for a no-load test. We can support the test without any investment and provide you insights into the potential savings in your plant. The air leakage should be less than 5% compared to your running plant at optimum energy levels.
Just give yourself a try on our air leakages test, you will that a lot of money can be earned from the compressed air.
Did you know Atlas Copco service team has already helped more than 50 customers to realize potential savings of around 1500kW (Approx. 8.64 M Baht for the energy cost) only in 2 months period.
Example base on our customer true story that the machine operates 24 hours per 7 days means they consume energy 8760 hrs./year.
Machine operate 24 hrs X 365 days = 8,760 hrs/year
Period 2 months 24 hrs X 60 days = 1,440 hrs
Energy Save 1440 x 1500 = 2,160,000 kWh
Electric fee 3.5 – 4 Baht/kWh (depend on Factory area)
YOU can SAVE MONEY approx. 2,160,000 x 4=8,640,000 Baht/2months
Nevertheless, in some cases of the business, the minor investment can reduce the major cost combine with the benefit earn back in a short period.
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