Keeping a commercial or industrial space comfortable is a significant expenditure for most businesses. Energy costs related to heating and cooling a warehouse are expensive!
Therefore, improving the efficiency of your building’s heating and cooling systems can dramatically increase profits. While a new energy-efficient HVAC system might help, a more cost-effective and energy-reducing way to heat and cool your commercial space is to install an HVLS (High-Volume, Low-Speed) fan.
But just how fast can an HVLS fan pay for itself? Let’s find out!
HVLS Fans: A Superior Return on Investment
HVLS fans provide a superior return on investment compared to more traditional heating and cooling systems. One study, conducted by the American Society of Heating, Refrigerating, and Air Conditioning Engineers (ASHRAE), found that HVLS fans installed in Minneapolis, MN buildings achieved an average $11,530 return on investment in 5 years.
HVLS fans are so energy-efficient that commercial and industrial businesses that install HVLS fans into their existing business regularly save up to 20% on their energy bills. Consider this in dollars: Crown Lexus Car Dealership in Ontario, CA says they cut between $300 to $400 a month by using HVLS fans instead of swamp cooler fans.
Here’s how HVLS fans provide a reduction in overhead costs:
Reduces Your Electricity Bill in Summer
The cost of producing electricity has rapidly risen over the last few years. This, in turn, has been increasing electricity bills. In 2022, consumers paid 14.3% more for electricity than in 2021. So it goes to reason that reducing your electricity consumption will reduce your bills.
One way to reduce electricity consumption is to set your air conditioning thermostat a few degrees warmer in summer. With your AC unit not running as frequently, a commercial property can save up to 3 percent on its cooling bill each month. Unfortunately, having a hotter workspace isn’t always viable, particularly if your space houses livestock or stores produce. These businesses demand an environment with balanced temperature and humidity. Additionally, HVAC systems are among the most expensive appliances to run in terms of energy consumption. Therefore, anything that can reduce HVAC system use will dramatically lower the overhead costs for a business.
The solution is an HVLS fan. HVLS fans have longer blades which help move much more air than a traditional fan, whilst rotating fewer times in a similar period. In fact, a single 24-foot HVLS fan can move up to 375,000 cubic feet of air every minute. Additionally, they can generate large convections of air that travel farther. This effective movement of air keeps humid, stagnant air from collecting at the lower levels. In turn, the ground surface can feel up to 8 degrees cooler, which means you can keep your HVAC thermostat higher in summer and still feel cool. And for every degree your HVAC thermostat is adjusted upwards, you can reduce your energy consumption by up to 5%.
Reduces Your Electricity Bill in Winter, Too
The benefits of HVLS fans aren’t limited to just the summer months. They can help in winter too. It’s common knowledge that hot air rises. This is especially so in large indoor spaces. Unfortunately, that means that for each foot of vertical rise from the floor to a ceiling, indoor air temperatures can increase by 2.5 degrees or more resulting in a temperature differential as high as 30 degrees between the floor and ceiling. This could leave your workers and stock at floor level cold, even with heat constantly being pumped into the room.
Luckily, an HVLS fan can also run in reverse to push all that heat trapped near the ceiling back down to the floor. This creates a more uniform temperature in your warehouse space, ensuring workers are comfortable and inventory and other temperature-sensitive equipment stays safe. Furthermore, a digital touchpad controller will allow you to change the fan directions with just the touch of a finger making the switch easy.
With an HVLS fan running in reverse, you can use less energy to keep your space warmer in winter. Enough to save up to 20% on your winter heating bills.
Cuts Maintenance and Labor Costs
HVLS fans like EnergyLogic’s MacroAir fans require far less service and maintenance than traditional HVAC systems. In fact, they only require an annual visual inspection and the occasional blade wiping if significant dust or grime collects. In addition, parts don’t wear out, making HVLS fans virtually maintenance-free. Less maintenance and labor costs lead to more money saved.
Start Saving and Increasing Your Bottom Line Today
Through reduced electricity bills, lower running costs, and lower maintenance costs, installing an HVLS fan in your current facility could easily pay for itself in less than two years. To get an exact estimate of how quickly an HVLS fan can pay for itself in your facility, EnergyLogic will need to assess your current setup.
At EnergyLogic, we work with commercial and industrial companies to develop a customized HVLS fan configuration. Our aim is to ensure an optimized, efficient solution for your facility’s indoor air quality, comfort, and productivity. Once one of our knowledgeable dealers or technicians evaluates your space, we can provide a more exact estimate of the ROI.
To get started, call us today.