I used to hold a purchasing/engineering role for a previous company and as part of that role I was required to understand all costs of a project. The value of knowing the return of your investment is obvious but the benefit of this knowledge enhanced communications with other team members and at times with your customer. So how can I understand the economic impact from purchasing and Intelligent Compressed Air product from EXAIR?
EXAIR makes an easier job of calculating your ROI when purchasing our product(s). Simply go to www.EXAIR.com and click on “Resources”, located on the top center of our homepage. You will see “Calculator Library” where you can see our “Air Savings Calculator“.
Calculating your ROI using this tool is simple, simply place your current consumption rate (SCFM), the cost of our product(s), the SCFM for our product(s) and your cost of compressed air per 1000 Cubic feet (if this is unknown, $0.25/1000 cubic feet is a reasonable number to use).
- Current Consumption (SCFM): This is the current air requirements for your current process.
- Cost of EXAIR Product(s): This is the expenditure of the EXAIR product(s) being purchased.
- EXAIR Product(s) consumption (SCFM): This can be found in our catalog, web site or by calling EXAIR and talking to an Application Engineer.
- Cost of Compressed Air: This can be determined at your facility or a good industry average is $0.25/1000.
The calculator will automatically calculate your return and show you the payback in number of days. EXAIR encourages the use of our website and/or calling our Application Engineers for additional information or education on air savings. We are customer friendly and always eager to help.