Restaurant owners need not be put off by the prospect of a large up-front expense when upgrading. Unlike many other capital costs, switching to a more reliable high efficiency hot water system has a minimal impact on cash flow. Some rental programs for commercial water heating equipment have no up-front costs for restaurant owners and the only out of pocket expense is a consistent monthly rental rate. The savings derived from a high efficiency water heater usually materialize immediately. A typical restaurant can expect to achieve cost savings of between $900 and $2,500 per year when upgrading from a standard 80 per cent efficiency water heater to a high efficiency water heater, which is 98 per cent efficient. Efficiency is maximized when the size of the water heater is appropriate for the level of day-to-day use. Gaining controlNew technology also puts customers in control. For example, the iComm system, which is compatible with AO Smith’s commercial water heaters, allows restaurants to monitor usage from any web browser or mobile device and continually reports on the performance of the unit, sending proactive updates to technicians if an issue arises. “Customers deserve to be empowered. Our customers tell us that reliability and service are the most important factors for Canadian restaurants when it comes to making a decision about a water heater,” Atkinson adds. “Customized equipment, specialized service and competitive rates are the primary reasons behind our strong partnership with the industry.” While upgrading to the latest hot water technology provides immediate benefits, it helps future-proof restaurants against escalating costs too. For example, electricity rates are expected to climb by more than 20 per cent over the next two years, and the price of natural gas, which fluctuates daily, has risen by 35 per cent since the beginning of 2013. “We advise restaurants to speak with an expert if they are thinking about upgrading their water heating systems,” said Atkinson. “They should investigate their current water use and energy bills in order to get a sense of what the most appropriate option is.”
About the author: Geoff Atkinson is Director of Commercial Services for EnerCare Commercial Services, Canada’s leading provider of energy conservation products and services. Geoff has a strong technical background and 35 years of industry experience. His mandate at EnerCare Commercial Services is to provide reliable and efficient water heating solutions that satisfy the demands of Canada’s robust foodservice industry. |