In every elevator’s life, there comes a time when repairs become too frequent and replacement parts become obsolete. Service calls can get expensive and you might find that your elevator is spending more time out of service than in operation. The best solution to this is modernization. Upgrading the critical parts of the elevator will improve performance and safety. Continue reading to learn more about the significance of modernization and when to consider yours.

Importance of Modernization 

A modernization might seem like an expensive solution at first, but it’s a necessary one to keep your equipment up-to-date. Without it, your maintenance and repair costs will significantly increase and safety can be compromised. Not only do modernizations rescue aging equipment but they also increase property value. Here’s how:

  • Extends elevator service life
  • Increases energy efficiency 
  • Reduces environmental footprint
  • Improves appearance and building aesthetic 
  • Lowers equipment operating costs 
  • Enhances safety
  • Boosts the passenger experience 
  • Saves money on maintenance and repairs 
  • Avoids costly shutdowns 

Proprietary vs. Non-Proprietary 

Whether you choose proprietary or non-proprietary equipment for your next modernization is also very important. Some companies propose using computer software and parts that are proprietary to them, which means you’re forced to use them for all future maintenance and any needed repairs. This limits your choice and often results in increased maintenance costs down the road. Using a company who installs non-proprietary equipment allows you the option to choose whichever company you want for your building’s elevator maintenance and repairs. 

Did You Know?

Modernization can also increase the energy efficiency of your elevators, which typically account for 2% to 5% of a building’s total energy consumption. Today’s elevator technology is lightyears ahead of what it was 30 years ago – everything from lighting to the electrical system can be upgraded to help you cut energy costs. For example, converting a DC motor to an AC motor will require less energy and produce less heat, leading to lower electricity bills and a reduction in BTU loading.

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Elevator Data Tags 

Elevator data tags contain important information that help us understand the original engineering of the equipment. They ensure that an elevator is up to code on all relevant standards. If an elevator is modified, adjusted or modernized, it needs to be recorded and marked. Without proper identification, it can provide challenges during your next modernization. Make sure your elevator company is leaving the correct data and permanently marking your equipment. 

When to Consider Modernization

Elevators should typically be modernized every 20 years. However, it can depend on what was done during the previous modernization, how well the work was performed and how well it was maintained since then. Some elevators can go about 25 years but some will need it after just 15 years. The components of your elevator will wear and parts will become expensive or obsolete. The disruptions can be a nightmare for property managers and passengers alike, especially in high-traffic buildings. Check when your last modernization was and if you find your elevators need one in the near future, start budgeting and planning now. The sooner you prepare, the easier the process will be. 

A modernization can be a significant undertaking for any building and many building owners try to prolong it as much as possible. This will only cause costly shutdowns and compromise safety. If you’re feeling overwhelmed about an upcoming modernization, please don’t hesitate to reach out. We’ll help you every step of the way and we even offer payment plans if you’re worried about your budget.