Asset rental is an attractive alternative to high upfront investment in water treatment technology across many industrial sectors. Tightening CAPEX budgets, an emphasis on business continuity and a desire for flexible, affordable water management have generated a demand for mobile water solutions, which offer a cost-effective, alternative solution to procuring new installations for upgrading existing infrastructure, providing emergency relief and meeting temporary water requirements.
One of the attractions of mobile water solutions is their flexibility, as the rental payments can be covered by the operational budget, removing the need to raise capital. Mobile water services suppliers – such as NSI Mobile Water Solutions – are often willing to enter into pay-as-you-go, multi-year contracts, which help to improve financial planning thanks to predictable, regular payments.
A common misconception is that renting mobile water solutions is more expensive in the long run, yet this is rarely the case. A number of organisations are choosing long-term hire in instances where the capital investment in a permanent plant would not pay back over the lifetime of the project.
A net present value financial calculation comparing the costs of building and maintaining a new plant versus renting mobile water solutions over a 10-year period is revealing. While the build may be cheaper in the first couple of years, the service, asset maintenance and parts replacement offered by many mobile water services suppliers relieve the facility of these inevitable costs associated with owning a plant, not to mention asset depreciation.
The numerous benefits that mobile water services can bring are, unfortunately, not as well known as they could be. A distinct shift in outlook is necessary to help companies to transition from a procurement to a rental mindset and to fully understand that mobile water solutions represent a sensible alternative to capital investment.
For more information about NSI Mobile Water Solutions, please visit: www.mobilewatersolutions.com
In this episode, host Dave Howell is joined by Umit Kahraman and Prabhu Nagavi to…
Executive Summary CIP solution storage tanks – layout detail When the Clean-In-Place (CIP) system at…
End-of-line palletizing can become a factory’s biggest bottleneck. On busy production floors, slow case stacking…
Essentra Components, a leading supplier of essential industrial parts and fastening solutions, has announced the…
One of the leading water companies in the North of England installed three new robust…
North Ridge Pumps recently delivered four heavy-duty horizontal multistage pumps to meet diesel transfer operations…