The sheer size of an industrial refrigeration system means that the average energy consumption is large. Therefore, it stands to reason that any savings in energy achieved will lead to quite a substantial cut in electricity bills. Overall, an energy efficient industrial refrigeration system has the following benefits:
Reduces energy costs: This is the primary benefit of energy efficiency measures. Energy savings can greatly impact monthly electricity bills. This can also reduce energy consumption at peak generation times and help industries to shift to load-based pricing plans rather than a uniform billing system.
Decreases maintenance and operations costs: Energy efficiency is linked to better performance of a machine. Reduced energy consumption means the system has to work less to achieve the same operating level, thereby effecting savings in operation costs. This in turn leads to a reduction in maintenance expenses of the system.
Better system design: Industrial refrigeration systems are often a one-time investment. Due to the high costs involved and the relatively low set-up capital available, industries tend not to focus on system design. A slightly higher investment in an energy efficient system design contributes to lower overall costs and lasts for the duration of the system's life cycle.
Improved productivity: Energy efficiency also leads to non energy-related benefits, most notably improved productivity. Improvements in productivity are linked to reduced labor costs and increased system reliability. All these factors contribute to increasing the overall product quality, thereby increasing profits.
