You hear us talk a lot about how mechanical insulation can save you money. Well, we’ve made it our business to make sure it does! It is a product designed to protect your equipment, your personnel, and your energy expenditures. All of this results in some serious cost savings.
Upfront Costs
When considering overall savings, it’s important to include the upfront costs of a product. An efficiently run building requires a variety of products and installations. Windows, doors, HVAC, and insulation are all elements that should be included in every building. Insulation is arguably the least expensive of these in terms of materials and upfront cost. This is because manufacturing is typically done locally and installation is not typically disruptive. Whereas some projects will take several weeks and tons of sawdust, most insulation materials can be put in place relatively quickly when done so by professionals.
Save Energy Now Assessments
Once the insulation is in place, the savings begin. The U.S. Department of Energy’s Industrial Technologies Program, or ITP, analyzed over 700 Save Energy Now assessments and energy audits from the last fifteen years to determine the benefits of mechanical insulation. From this, they determined that all sizes of plants experienced a full return on investment within approximately nine to twelve months. This means that anything beyond the first year is direct savings.
Crunching the Numbers
As a savvy industry leader, maintaining your budget is key to the success of your company. All of this sounds great, but you may still be wondering how much money you are looking to save. As leaders in our own industry, we appreciate wanting to get right down to brass tacks. Luckily, there are accessible cost calculators, which in combination with a consultation with insulation professionals, can give you an accurate assessment of your projected savings before a single dime is spent. The Whole Building Design Guide offers some helpful calculators.
Properly installed and maintained insulation can save plants and commercial businesses tens of thousands of dollars over the length of its lifespan. When your insulation is due for regular maintenance, make sure you call in the experts at Westcal Insulation to keep it working efficiently for years to come! Request a quote from us today.