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Why you should consider the lifecycle cost of pumps

The initial cost of a water pump and associated equipment is the decisive factor for many users when placing an order. However, this expenditure is tiny compared to the long-term outlay.

Here are the elements that make up the total cost of pump ownership:

  • Purchase
  • Installation and commissioning
  • Energy (including expected annual energy price increase)
  • Maintenance and repair
  • Downtime/loss of production
  • Decommissioning and disposal

It’s easy to see how, during a typical service life of 15 years, a pump will cost the user many times the price of the equipment. That’s why it’s wise to consider ways in which the long-term costs can be reduced, rather than focusing on getting the cheapest possible purchase price.

Variable-speed drives allow users to tick a lot of boxes when it comes to lifecycle costs:

  • Precise speed control allows energy consumption to be minimised
  • Reduced wear and tear on components as a result of smooth running means lower maintenance and repair costs
  • Fault diagnostics features allow downtime to be planned, helping to avoid lost production

These and many other benefits can be achieved by connecting a variable-speed drive to an industrial or commercial pump application, and it’s possible to recoup the cost of a drive via energy savings within as little as 12 months.

To enquire about variable-speed drives for pump and other electric motor-driven applications, call Alan Roberts on 07966 468430 or email alan@gibbonsgroup.co.uk

Variable-Speed Drives, Pumps & Controls

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