Canadian Electrical Industry News Week

 

Industrial LightingCalculating the return on investment is an important part of any lighting replacement effort. This walk-through will help you determine the total return on your investment.

Please keep in mind that this calculation is intended as a general one. You may have additional expenses or benefits above and beyond those listed here, and should exercise good judgment when deciding whether or not to add those factors to the equation.

The equation

The equation for calculating payback is actually quite simple: it's determining the variables that provides the real challenge, and so each variable is discussed in detail below. Otherwise:

(A + B + C + D) - (E + F + G) = Total Payback on Investment

A: Reduced energy bills

A modern lighting system should be able to provide a predictable reduction in your current energy bills.A lighting audit will let you know how often lights should be used in each area, and from there you'll need to examine your current costs, then compare those costs to what you'll see each month in savings from your new lamps.

This calculation should reflect the full expected lifetime of two installations of your new lamps, but notreplacements past that point. Taken far enough, you could theoretically achieve infinite savings, but the goal of this equation is to limit things to a practical level.

Don't forget to take other bills (such as lowered use of cooling systems because of the reduction in heat generation) into account.

B: Benefits and subsidies

Many utility companies — and occasionally the government — offer incentives for switching over to new, more efficient lamps.These could include tax breaks, rebates, free lamps, or a number of other rewards.

Either way, you'll need to pay attention to your options and be sure to maximize these as much as you can. The total amount is likely to be much less than the value of A, but it's worth considering.

C: Improved health and efficiency

Proper illumination has a demonstrated effect on employee health and morale.This is a variable that's very difficult to quantify. Talk to a lighting replacement expert about their past observances and accept that this will, at best, be an estimate.

D: Reduced maintenance costs

You'll still be paying for maintenance, but modern lighting arrays cost far less to maintain than outdated ones.Be sure to add the savings you'll see (from maintenance visits that never happen) to the calculation of your ultimate payback.

E: Up-front installation costs

This will be one of the biggest expenses of the replacement plan.It includes parts, labour, and your loss of productivity while workers are busy switching things out. If this number turns out to be higher than A — or even anywhere close to A — then look for ways to decrease the primary costs and make the installation plan more affordable. This shouldn't be an issue if you had a professional estimate done.

Include the second set of lamps in this category, since they're being used in this equation.

F: Interest and fees

If you took out a loan to pay for the installation, then you'll need to pay interest on that amount until it's paid off.Add in the estimated amount of interest for the lifetime of the loan, as you'll need to subtract this from the final total.

G: Waste from previous system

Removing old lighting arrays before they've completely burned out means receiving less than 100% use from them, and that's an outright loss for your company.This cost will be relatively small, but you will be losing at least a small percent (and possibly a much larger one) of the money paid for the current lighting arrays. Factor this into the ultimate payback on your investment.

Final considerations

Finally, one last thing to consider before you run this equation: LED lamps and other new lamps have a drastically longer lifespan than all other types of lamps currently used in your business.

Offering a 100,000 hours lifespan or more, this can translate to over 10 years of service in an industrial setting, or even more if the lamps won't be on at all times.

You may want to run the calculation with just one installation of lamps if you know the new lighting system you require, and if not you can focus on a 10-year payback period instead, with however many alternative lamps will be needed to reach that point.

Both are viable ways of running this calculation for your new industrial lighting system.


 

Adam Hicks is Eriks UK's industrial lighting design expert. This article first appeared as a blog at http://knowhow.eriks.co.uk/calculating-the-payback-of-an-new-industrial-lighting-system

 

Changing Scene

  • Prev
The Solar Energy Society of Alberta and Energy Efficiency Alberta, in partnership with the ...
Nat will develop and execute on key sales strategies along with leading his team to drive strong ...
John MacDonald (better known as Satch) has decided that he will retire from Ideal Supply at the end ...
Aspiring skilled trades participants recently descended upon annual Skills Competitions held in ...
Join WiRE and partners 20/20 Catalysts Program and the Aboriginal Apprenticeship Board of Ontario ...
A new program launched by Nova Scotia with federal government support will provide rebates of up to ...
The National Electrical Contractor Association announced on June 18 that Southwire has been ...
Located 160 kilometres west of the Porcupine mine in Chapleau, Ontario, Borden is set to be ...
  Schneider Electric, the leader in the digital transformation of energy management and ...
The 2018 IDEAL Nationals Championship is well underway across Canada. In fact, we have reached the ...

Electrician Forum Brought to you by Schneider Electric

Schneider Electric

June 25, 2018

Sponsored by Schneider Electric

Today we are all concerned with the energy we consume within our homes. But how many truly understand the ins and outs of home energy use, and where exactly does the electrician and the development of energy management systems come into play. There is much to consider when discussing home energy use. The consumer first off needs to be informed about energy use, how it is calculated and ultimately billed if they are to make changes to their energy consumption rates. But in terms of educating consumers does the residential electrician have a role? And beyond that are manufacturers developing products designed to help electricians and consumers better understand residential energy use? Throughout this article we will deal with each of these important questions.

Read More

Codes and Regulations Brought to You by the CSA Group

  • Prev
In this article: Section 58 — Passenger Ropeways and Similar Equipment. Rule 58-000 ...
  Unauthorized CSA Group certification marks have been found on wiring by Triumph Cable ...
In this article: Section 52 — Diagnostic imaging installations. The CE code is a ...
In this article: Section 46 — Emergency Power Supply, Unit Equipment, Exit Signs, and ...
  In this article: Section 44 — Theatre Installations. The CE Code is a ...
CSA has published C22.2 No. 60947-7-3, the harmonized standard for low-voltage switchgear and ...
  Electric welders. The CE Code is a comprehensive document. Sometimes it can seem ...
  In this article: Section 40 — Electric cranes and hoists. The CE Code is a ...

 

Schneider

A new “future ready” circuit breaker from Schneider Electric is described by the company as the next generation of power distribution for the Internet of Things (IoT) era. Masterpact MTZ increases efficiency and can adapt to ever-evolving needs for safety, reliability and sustainability. The world is becoming more connected, electric, digitized, decarbonized, and decentralized, says Schneider Electric. Power distribution is facing new regulations, becoming more seamless and connected. 

Masterpact MTZ is the latest in a series of circuit breaker innovations, following Masterpact M, and then Masterpact NT/NW.

Read More



Tools for the Trade

  • Prev
  IDEAL Industries has introduced Combination Drill Taps to its tool lineup. Combining the ...
  Stripping and crimping device, 100 - 240 V input voltage, for insulated ferrules with a ...
Professional all-in-one cutter/stripper for coaxial and twisted pair cables     ...
  Klein Tools' Coax Explorrer 2 tests coaxial cable and maps up to 4 locations   ...
  Ideal Industries' T-14 wire stripper s are ideal for all professionals working within the ...
  The ATS850 conveyor eliminates all types of electro static discharge requirements. ...
  Lorik Tool & Automation has the experience and ability to manufacture a variety of ...
  Ideal Industries' 26 piece insulated Journeyman kit is ideal for new electricians or for ...
  Klein Tools Deluxe Fish Rod Set comes in 19 pieces that when assembled can fish wire and ...
  BendWorks Software was designed to help electrical contractors adopt this new process ...

Product News

  • Prev
  STR9® INGROUND is designed to be a reliable in ground fixture, with a full glass top ...
  Lumca’s Ovaali family of ultramodern architectural lighting solutions feature ...
  Because of its ingenious flexible design, SGi’s LED Flex Light brightens even the ...
  Warmup’s in-slab heating cable is excellent for installations within a concrete ...
  The Green Cable Surface XL, the ideal complement to uncoupling membranesWith its constant ...
  Duct Heaters are used in a variety of air and gas heating applications. These are ...
  The Piccolo is Convectair’s slimmest fan-forced heater. Once it has been installed, ...
  Cable heaters are high performance mini tubular heaters that have small rectangular, ...
  The PPC series smart heaters combine the advanced performance of a built-in electronic ...
  Make-up Air units up to 2,500 cfm with the NEW Model NER from Thermolec. The NER unit ...

 

Peers & Profiles

  • Prev
David Johns is a unique and dedicated individual both at home and in the workplace. At home he is a ...
    Sean Freeman is a vibrant, enthusiastic and selfless individual who has taken his ...
  Automation companies are drivers of innovation, and have penetrated near every industry ...
Total Electrical Solutions was founded in 2013 by Jeremy Herrington in Quispamsis, on the outskirts ...
Andrew MacLeod is a territory sales manager with Leviton Manufacturing of Canada in British ...
  Floyd Lau founded Amptek Technologies in 2002 as an end to end engineering design ...
Mike Marsh, President and CEO of SaskPower, has been a leading figure in Saskatchewan’s ...
Gordon MacDonald is a cheerful, driven individual who loves to be challenged, a trait that suits ...
  Most of us have a difficult enough time managing one job and a home life. However, some ...
  Since 2012 Barnstormer has advanced the abilities of their brewery with the installation ...

Copper $US Dollar price per pound


Jeremy Herrington

Total Electrical Solutions was founded in 2013 by Jeremy Herrington in Quispamsis, on the outskirts of Saint John, New Brunswick. Since 2013 Jeremy has steadily grown Total Electrical Solutions in the residential, commercial and construction sectors. The growth is primarily the result of Jeremy’s customer first philosophy, plus his over 20 years of industry experience.

Jeremy grew up learning about the industry from his father who was an electrical contractor. Jeremy spent his early years helping and watching his father as a contractor and business owner. After high school Jeremy was, like many, not wholly aware of the course he wished to take and so he began an electrical apprenticeship at his father’s company.

Read More

Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2018 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil