Feasibility Calculator
Outputs limitations
This calculator is designed for plant engineers as a systematic method to assess the financial pre-feasibility of a motor replacement/upgrade project. This calculator can guide decisions such as the repair-or-replace decisions commonly faced by maintenance engineers. Before using this tool however, the user must be aware of its limitations. The limitations of this calculator include:
- - The calculator does not perform a thorough feasibility analysis. It only estimates annual savings, and calculates the Simple Payback Period (SPP) based on those savings.
- - For the existing motor, the calculator only considers the nominal efficiency that corresponds to the existing motor class. This often acts as a worst case estimate (from the point-of-view of savings.
- - Most of the parameters used in the calculator are time varying, so the output is as much updated as these parameters. Such parameters include: EGP to USD exchange rates, specific carbon dioxide emissions factor (per kWh of grid electricity), and motor cost per kW (used in case no actual price is provided by the user).