Budget Now for a Cooler 2020

While the memory of another hot summer is still fresh in your mind, let us help you make plans for a cooler 2020.   Most companies will soon start their budgeting process for the coming year.  Now is the best time to build a ventilation system upgrade into your capital equipment budget for 2020 if your facility suffered from excessive heat this summer.   Here are a few ideas to help you prepare a successful budget request.

Cost

Determining the cost of your ventilation system upgrade is the first step in preparing your budget request.  If you already have an idea of the equipment required for your upgrade, let Eldridge provide you with a turn-key quote for the equipment cost and installation.  If all you know is that your facility is too hot, let an Eldridge ventilation system expert perform a full ventilation assessment and provide you with options to make your facility cooler for 2020.

Justification

Need cost justification to get your request for a ventilation system upgrade approved?  Eldridge can also help with studies and data on the costs associated with excessively hot work environments.  Excessive heat in a facility has a dramatic impact on people working inside.  Common effects seen are a reduction in productivity, increased turnover, higher absenteeism and heat stress illnesses, which may result in worker compensation claims.  We can show you how to quantify the cost to your company of these excessive heat impacts.  These facts and figures will allow you to demonstrate how your budget request for a ventilation system upgrade will provide a beneficial and very short payback period.

Tax Deduction

Finally, you can impress the decision makers of your capital equipment budget request with potential tax savings.  Investment in ventilation equipment and related installation costs may qualify for a Section 179 Tax Deduction.  If your company qualifies for the full deduction, the tax savings will help to justify the cash flow required to finance the investment.

Getting Started

Eldridge has designed countless ventilation systems in our 73 years of experience.  In that time, we have seen many changes and advances in the way that ventilation systems can provide a cooler work environment.  Call and have one of our ventilation system experts come out and assess how we can make 2020 cooler for you.