We all know properly lubricated equipment saves energy. Less friction equates to less energy to operate which in turn saves money. Question is how much money?
Does anyone know of any formulas one can input kilowatt hours and show energy savings by optimizing a world class lubrication program? I have used formulas that show overall savings by performing world class maintenance, but none focusing on energy savings alone.
With the cost of energy going through the roof, I would like to provide my management with some figures that justify the cost of maintaining our current world class lubrication program.
Thanks.
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