Skip to main content
Calcimator

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
  1. Enter Modernization Cost and the Current Annual Energy Cost.
  2. Set Energy Savings % achievable with new drive and lighting technology.
  3. Input Current Maintenance Cost and expected Maintenance Savings % post-modernization.
  4. Enter Current Callback Cost and Callback Reduction % from improved reliability.
  5. Review Payback Period (years), Annual Net Savings, and 10-Year ROI to justify the project.
Ad Placeholder
Ad Placeholder