By reducing the run time of the fans, what is the approximate savings per year?

Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
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2) During an energy audit, it is discovered that a laboratory has three (3) exhaust fans serving fume hoods that are operating continuously; 24 hours a day, 365 days a year.

In discussion with the Users of the building, it is determined that the fans only need to operate from 8:00 a.m to 5:00 p.m for five (5) days a week.

Each fan motor is 1/2 horsepower, single phase with a power factor of 0.85. The nameplate on the motor lists 4.9 amps at 230 Volts.

The blended electricity rate is Php 3.01/KWh. By reducing the run time of the fans, what is the approximate savings per year?

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