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In energy efficiency and auditing, solve the following: The A1 Best Company uses a 10 hp motor 16 hours per day, 5 days per week,
In energy efficiency and auditing, solve the following:
The A1 Best Company uses a 10 hp motor 16 hours per day, 5 days per week, 50 weeks per year in its flexible work cell. This motor is 85% efficient, and it is near the end of its useful life. The company is considering buying a new high efficiency motor ( 91% efficient) to replace the old one instead of buying a standard efficiency motor ( 86.4% efficient). The high efficiency motor costs $70 more than the standard model, and should have a 15 -year life. The company pays $7.00/kW per month and $0.06/kWh. The company has set a discount rate of 10% for their use in comparing projects. Determine the SPP, ROI and BCR for this project. The company's discount rate is 10%Step by Step Solution
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