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Discover Battery launches free TCO calculator showing savings of up to 40%

Discover Battery launches free TCO calculator showing savings of up to 40%
Discover Battery America
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Discover Battery launches free TCO calculator showing savings of up to 40%

IMAGE SOURCE: Discover Battery

  • Discover Battery has launched a free Total Cost of Ownership (TCO) calculator to help users determine the operational costs of batteries over their lifetime.

  • The TCO calculator is particularly useful for comparing maintenance-free AGM batteries with traditional flooded lead acid batteries, showing potential savings of up to 40%.

  • The tool allows users to input specific data such as battery specifications, costs, labor expenses, and service frequency to calculate total operational costs.

  • Discover Battery highlights substantial cost savings with its Dry Cell AGM batteries, which offer 20-40% lifetime savings compared to lead acid batteries.

  • The TCO calculator is especially beneficial for rental businesses managing large fleets of battery-powered equipment, aiding in profitability calculations.

  • Example calculations show significant cost savings for a fleet of 200 electric scissor lifts, with Dry Cell AGM batteries reducing overall costs by 33% and saving over €115,200 in three years.

Canadian innovator in battery solutions, Discover Battery has launched a new, free, Total Cost of Ownership (TCO) calculator allowing users to understand and determine the operational costs of a battery over its lifetime of use. This is particularly useful as there is a growing trend towards using maintenance-free AGM batteries rather than traditional flooded lead acid batteries, primarily due to the increased safety and reduced maintenance cost savings.

The calculator helps owners and purchasers make an informed decision by inputting specific data such as battery specifications, battery costs, labour expenses and battery service frequency to determine the total operational costs over its lifetime. By selecting the best battery for the application, savings of up to 40 percent are possible.

The long-term financial benefit, particularly for rental businesses - which may run hundreds or even thousands of battery-powered items of equipment - is huge. In a very price sensitive and competitive market, being able to compare the battery’s Total Cost of Ownership rather than initial cost is essential for calculating the overall profitability of each item of equipment.

According to Discover Battery, there are substantial cost savings gained by using its Dry Cell AGM battery compared to traditional flooded lead acid batteries.

Discover Battery launches free TCO calculator showing savings of up to 40%<br>IMAGE SOURCE: Discover Battery

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Alexander Marotz, Vice President of Business Development at Discover Battery said: “While the initial cost of Dry Cell AGM batteries is higher, their lifetime savings typically range between 20 to 40 percent when compared to lead acid batteries over the total service life. Every customer who has made the switch to AGM batteries will agree that the initial decision to change is difficult, however once they have used the AGM batteries, they love the benefits and do not want to go back to the old, flooded batteries.”

"Many hidden expenses contribute to the total cost of ownership apart from the obvious benefits of not having to regularly top up the water,” said Stefano Giuliani, Discover Battery's Technical Sales Director. “These include fewer equipment repairs caused by corrosion damage from acid spills, off-gassing, and reduced machine down-time due to improper battery maintenance in the field."

Discover Battery launches free TCO calculator showing savings of up to 40%<br>IMAGE SOURCE: Discover Battery

Example: A fleet of 200 electric scissor lifts

Using the TCO calculator we can calculate the real-life cost savings for a fleet. For this example, the following assumptions have been made:

  • Fleet of 200 electric scissor lifts

  • Using 4 x 6V 190Ah batteries

  • Dry Cell AGM around 25% higher initial cost than premium flooded batteries

  • 3 years battery life expectancy

Data for a typical user is input into the TCO calculator such as the initial purchase price and monthly maintenance schedule per scissor lift. The TCO calculator then gives the relative cost of the Dry Cell AGM battery compared to the flooded lead acid battery.

For simplicity, unexpected call-outs due to watering or unforeseen repairs due to acid spills with flooded batteries are significant but not included in this example. However, the impact of these can be simulated in detail with the calculator.

Discover Battery launches free TCO calculator showing savings of up to 40%<br>IMAGE SOURCE: Discover Battery

Based on this scenario, the Dry Cell AGM has 33% less overall costs and the cost savings for the fleet would exceed €115,200 over the three years of operation.

Summing up, Alexander Marotz said: “Don't let hidden costs drain your battery budget. By using the TCO calculator you can discover the actual cost of maintaining lead acid and Dry Cell AGM batteries and then make an informed decision for your business.”

The TCO calculator is available online for free. https://discoverbattery.com/applications/motive-power/scissor-lift-batteries/mewp-tco-calculator-registration

Source: Discover Battery