Reducing total cost of ownership in pumping systems through energy efficiency management, asset management, and energy cost management.

Energy costs have become an increasing contributor to pumping systems Total Cost of Ownership (TCO). In fact, energy cost represents 40% of the TCO of a typical pump. It is possible to reduce the electrical consumption by at least 30% utilizing Variable Speed Drives while decreasing maintenance costs associated with the mechanical driven system. This paper explains how to reduce total cost of ownership with a limited investment focused on three key areas: energy efficiency management, asset management, and energy cost management.