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EmeRed Return on Investment Case Study
Products:
Project Scope
- Carry out all regulatory compliance testing remotely.
- Understand What, Where, When, for any fault condition.
- Wi-Fi is not an option for connectivity.
- Budget will not stretch to lighting replacements.
- Installation to be carried out by the inhouse electrical team.
- The system must not generate additional work for the office team.
Background
The client is a housing association that has grown by combining assets and resources from several
smaller housing providers. This type of growth results in a wide range of housing stock and asset schedules over a large geographical area, which brings challenges of monitoring, managing and maintaining their portfolio. They currently have more than 10,000 properties and have a plan to build nearly 2000 additional homes over coming years.
Estate Breakdown of Phase One
| Number of Buildings | 44 |
| Average Emergency Lights per Building (total number of emergency lights ÷ number of buildings) |
10.25 |
Existing Costs
The existing testing costs only take account the testing engineers time and
associated costs, however, no allowance has been made for the back-office team
costs.
| Monthly flick test per building | £ 36.00 |
| 6-month 60-minute duration test | £ 2.20 Average cost per fitting per site |
| Annual 3-hour duration tes | £ 3.25 Average cost per fitting per site |
EmeRed System Costs
| GSM Gateway Cost | £149.00 |
| EmeRed Cost with 5 Year Portal and Data Subscription | £94.70 |
| Aditional Portal Users | £0.00 |
| Additional Engineers | £0.00 |
EmeRed Installation Costs
Managed internally with the existing electrical team.
| Time to install an EmeRed | 15 – 20 minutes per fitting (average 1 building per day) |
| Time to install a Gateway | 30 minutes |
Manual Testing Figures
Calculate the manual testing costs for a 5-year period to align with the EmeRed system costs.
No allowance has been made for office staff
| Flick test (10 tests per fitting per annum) |
£ 79,200.00 (£36 per building x 44 properties x 10 tests per year x 5 years) |
| 60-minute duration test (1 test per fitting per annum) |
£ 4,961.00 (£2.20 60 minute test cost x 451 emergency lights x 1 test per year x 5 years) |
| 3-hour duration test (1 test per fitting per annum) |
£ 7,328.75 (£3.25 3 hour test cost x 451 emergency lights x 1 test per year x 5 years) |
| Total cost over 5 years | £ 91,489.75 |
EmeRed System Figures
| Total Cost of Gateways | £ 6,556.00 (1 per building) |
| Total Cost of EmeReds | £ 42,265.70 (1 per light) |
| Total system costs (For 5 years) | £ 49,265.70 |
Return on Investment
|
Total savings over the 5 year period |
£ 42,224.05 |
| Return on Investment | 1.85 years (cost of EmeRed System ÷ 5 year manual testing cost) |
Conclusion
Significant savings are being realised by this client who is currently moving to phase 2 and including EmeRed into the new build specifications.
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Vericon Managed Services could work with your business?
Lets work together
Would you like to find out more information about how we can Vericon Managed Services could work with your business?
