The True Cost of a Washer Extractor
Based upon the information in ECWS study we can now calculate what is the combined cost of purchasing a new washer. When considering adding or replacing equipment please do not base your calculations merely on the purchase price, take into account the operating costs as well. The example below illustrates the possible savings from opting to go Green.
In today’s economy everyone is looking to save money. Every dollar counts and business owners and managers are constantly looking for new methods to save money. In the laundry industry technology has come to the rescue. Up until several years ago most machines operated at 80 G’s Extraction Force and in some cases 100 G’s. Today there are models available that operate at up to 350 G’s Extraction force. Many managers however are still lured to the old style machines because of their low prices, but what is the actual cost of these machines?
A conventional 60# Washer which operates at 80 G’s has a price range of $8500- $9000. The average annual operating cost for this washer along with a dryer is calculated to be $6484.
In contrast the high efficiency 60# Washer has a purchase price of $11,000 to $12,000. The average annual operating cost for this washer along with a dryer is calculated to be $3890.
Based upon these numbers we can calculate that there is a $3,000 to $4,000 difference in purchase price between the Low Efficiency and High Efficiency Washer. However there is also a $2500 difference in operating costs per year. So 80% of the purchase price difference is recovered in the 1st year of operation.
If we assume that each machine will operate for 5 years, we can calculate that it will cost $34,700 to operate the Low Efficiency Washer. In contrast the High Efficiency washer will cost $19,500 to operate. This translates to an operating cost savings of $15,000. Subtracting the $3,000 initial purchase price difference we attain a net $12,000 savings by purchasing the High Efficiency Washer.