When Is the Right Time to Purchase Energy Efficient Commercial Refrigeration in Eugene, OR?
By now, many people across the United States have realized that they can save a significant amount of money on their energy bills by switching over to energy efficient appliances. This is especially true in commercial settings, where there are likely to be many more appliances eating up a whole lot more energy. In restaurants, hotels or cafeterias, for example, commercial refrigeration accounts for a significant portion of energy costs.
But when exactly is the right time to purchase energy efficient commercial refrigeration in Eugene, OR? Is it better to replace an appliance that is currently functioning well, or wait until it dies to replace it with a more efficient unit?
This can be a difficult question to answer for companies that have tight budgets and might not necessarily want to spring for a new commercial refrigeration unit right away. But it’s one that’s worth answering. To do so, consider the following factors:
- The cost of the appliance versus the savings you’ll earn: Models that use less energy cost less to operate than other comparable appliances that are not made to be energy efficient. This we know. But you also have to factor in the upfront cost of the appliance itself. Will you eventually recoup the purchase price? Consider how much you spent for your current units, how long ago you paid for those units and how much you would potentially spend on a new one. In many cases, unless you have brand new appliances, the switch to energy efficient commercial refrigerators could make a significant difference.
- Available sales: If you know there are going to be sales on refrigeration units at certain times of the year, then it’s worth putting off your purchase until you know you can get a discount. This is especially true for companies that are operating on tighter budgets and are on the fence about whether or not they want to make the upgrade to their equipment.
- Incentives: There are a number of rebates and recycling programs from local utility companies, as well as a variety of government tax incentives, that can benefit people and businesses that decide to purchase energy efficient appliances. Therefore, not only will your operating costs be lower when running the equipment, but you could also save money in taxes or other costs. You must factor this into your calculations as well.
- Selling your business: If you are planning on selling your business at any time soon, it can actually be a good idea to upgrade your appliances in advance of the sale. Already having energy efficient appliances, like commercial refrigerators, on site can add to the appraised value of your property and increase what you can get out of the sale.
Do you have further questions about purchasing energy efficient commercial refrigeration in Eugene, OR? If so, we encourage you to reach out to our professional team at American Refrigeration, Inc. today. We look forward to working with you and finding the best solutions to your commercial refrigeration needs.