Discover Battery launched a free Total Cost of Ownership (TCO) calculator, allowing users to understand and determine the operational costs of a battery over its lifetime of use.
“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,” says Alexander Marotz, VP of business development at Discover Battery.
Key takeaways:
- The calculator helps owners and purchasers make an informed decision by inputting specific data such as battery specifications, battery costs, labor 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% are possible.
- The long-term financial benefit helps companies compare the battery’s TCO rather than initial cost, making it essential for calculating the overall profitability of each item of equipment.
- A fleet of 200 electric scissor lifts for example, customers input the initial purchase price, monthly maintenance and other calculations.
"Many hidden expenses contribute to the total cost of ownership apart from the obvious benefits of not having to regularly top up the water,” says 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."
“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,” adds Marotz.
