Elevator Modernization ROI Calculator
Payback from energy savings and reduced maintenance.
Inputs
%
%
%
%
Results
Simple payback (years)
14
Total annual savings ($)$10,750
Net benefit ($)$26,250
ROI (%)17.5
NPV at 5% ($)-$23,419
IRR (%)2.3
Energy savings ($/yr)$5,250
Maintenance savings ($/yr)$3,000
How to Use This Calculator
- Enter Modernization Cost and the Current Annual Energy Cost.
- Set Energy Savings % achievable with new drive and lighting technology.
- Input Current Maintenance Cost and expected Maintenance Savings % post-modernization.
- Enter Current Callback Cost and Callback Reduction % from improved reliability.
- Review Payback Period (years), Annual Net Savings, and 10-Year ROI to justify the project.
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