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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 AIndustry BIndustry C
Number of electric motors302730
Upgrade available (no of groups)7106
Total investment cost ($)80,80963,446117,829
Total installation cost ($)429130535380
Total energy savings (kW h/yr)215,930.85163,231.34292,436.82
Total potential savings ($/yr)31,094.0423,505.3142,110.9
Total payback time (Month)343635