When the U.S. economy took a downturn during the Great Recession, the refrain everyone heard again and again was “repair, don’t replace.” But, even as the economy has improved, some building owners and operators remain hesitant to make large capital expenditures to replace older chiller systems. In these cases, there are less expensive options available that can enable decision makers to achieve substantial efficiency upgrades by retrofitting their chillers.
“I’m hearing from customers that there are still some doubts lingering in their minds regarding the financial stability of the market, and that is prompting them to hang on to their capital,” said Robert Gray, national sales manager, Schneider Electric.