Fall weather is finally here with cooling relief from the hot summer months. As a result, employees that were working in under-ventilated facilities during the summer are now enjoying a nice temperature change from the hot conditions. But the summer of 2022 doesn’t have to be a repeat of the same old summer heat problems that impact employee health and safety. If you plan for it now in your 2022 budget, you can have a ventilation system upgrade before it gets hot again.
Justifying the Investment
One of the biggest objections that we hear from customers about a ventilation system upgrade is justifying the investment. Although employee health and safety may be a concern for most companies, sometimes it can be difficult to get approval to spend money on capital equipment that does not have a perceived impact on operations. With regards to a ventilation system upgrade, we can help you show decision makers that there are several financial benefits to making it cooler inside your facility.
- Productivity. Workers lose 1% of their productivity for every 1 degree over 77 degrees F. Solar heat load on a facility can cause the inside temperature to increase by 20 degrees over the outside temperature. That would result in a 20% loss in productivity.
- Absenteeism. Employees are more prone to miss work in the summer months when temperatures are hot. Replacing absent employees often requires paying overtime.
- Turn-over. Unhealthy working conditions caused by high heat can result in higher employee turnover. The financial impact is higher costs to recruit and train new employees.
We have helped customers quantify the financial costs related to these heat related impacts. The results have shown that there is a short payback period for an investment in a ventilation system upgrade.
Tax Deduction
Here is a great way to impress the decision makers. Tell them that a ventilation system upgrade qualifies for a special tax deduction. Any investment in ventilation equipment will qualify for a Section 179 Tax Deduction. The tax savings will help to justify the cash flow required to finance the investment.
Getting Started
The first step towards budgeting for your ventilation system upgrade in 2022 is to contact a ventilation expert at Eldridge. We can help determine what type of upgrade will work best for your facility. Next, we will help to quantify the potential financial benefits to justify the investment. Finally, we can assist in a presentation to decision makers that an investment in a ventilation system upgrade is a win-win situation for employees and the company.