Skip to main content

Table 6 Overall investment and saving on electric motor

From: Retrofitting existing buildings to reduce electrical energy consumption and greenhouse gas emission in Nigerian food and beverage industries

 

Industry A

Industry B

Industry C

Number of electric motors

30

27

30

Upgrade available (no of groups)

7

10

6

Total investment cost ($)

80,809

63,446

117,829

Total installation cost ($)

4291

3053

5380

Total energy savings (kW h/yr)

215,930.85

163,231.34

292,436.82

Total potential savings ($/yr)

31,094.04

23,505.31

42,110.9

Total payback time (Month)

34

36

35