How Energy-Efficient Elevators Can Reduce Operational Costs

When managing a commercial building, every operational cost matters. From lighting to HVAC systems, property managers and owners are always looking for ways to cut expenses without sacrificing functionality. But one often-overlooked area for potential savings is the elevator system. While elevators are essential for convenience and accessibility, they can also be a major source of energy consumption. In fact, it’s estimated that elevators use between 3% and 10% of a building’s total electricity consumption. That makes for one heck of a utility bill!

The good news? Advancements in elevator technology are making it easier than ever to reduce these costs while improving efficiency and sustainability.

The Energy Drain of Traditional Elevators

Older elevator systems weren’t built with energy efficiency in mind. Most rely on outdated motors, inefficient lighting, and control mechanisms that use unnecessary power. Even when idle, traditional elevators continue drawing energy, running ventilation fans and lights that contribute to waste. Frequent stops and starts, long travel distances, and heavy traffic further increase power consumption, driving up operational costs over time.

For commercial buildings with multiple elevators, these inefficiencies add up quickly. Whether you manage an office tower, hotel, hospital, or retail complex, having an energy-hungry elevator system means paying significantly more on electricity bills than necessary.

How Modern Elevators Cut Costs and Save Energy

Investing in energy-efficient elevators can make a substantial difference in a building’s overall energy footprint and long-term expenses.

LED Lighting and Smart Controls

Switching to LED lighting inside the elevator cab is a simple yet effective upgrade. LEDs use significantly less power than traditional incandescent or fluorescent bulbs and last much longer, meaning lower maintenance costs. Many modern elevators also come with smart control systems that automatically dim or turn off lights when the cab is unoccupied, further cutting down on unnecessary energy use. LED lights can also make your elevator more eco-friendly, reducing your carbon footprint as well as your bill.

Standby Mode for Idle Periods

Think about all the time an elevator spends sitting idle, especially during off-peak hours. Energy-efficient elevators can switch to standby mode, powering down non-essential components like ventilation fans, lights, and control panels when the system isn’t in use. This feature alone can lead to considerable savings in buildings where elevators don’t run constantly throughout the day.

Efficient Motors and Lighter Materials

Modern elevator systems utilize more efficient motors that require less energy to operate while still providing a smooth, quiet ride. Many newer models are also built with lightweight materials, reducing the overall strain on the motor and further decreasing energy demand. The combination of advanced engineering and materials means elevators don’t have to work as hard, leading to lower power consumption and extended lifespan of the system.

The Long-Term Benefits of Energy-Efficient Elevators

Beyond the immediate cost savings, upgrading to an energy-efficient elevator system provides long-term advantages. A lower energy footprint helps buildings meet sustainability goals, which is becoming increasingly important as more cities and states introduce stricter energy regulations. Environmentally responsible upgrades can also increase a property’s value and appeal to tenants who prioritize green building features.

Additionally, modernizing an elevator system often leads to smoother rides, faster response times, and improved reliability, enhancing the overall user experience. Fewer breakdowns and reduced wear and tear mean less frequent (and costly) repairs, further improving cost efficiency.

If your commercial building still relies on an outdated elevator system, it might be time to consider an upgrade. The upfront investment in energy-efficient technology pays off in the long run through lower operational costs, improved performance, and a reduced environmental impact. 

Ready to make your elevator more efficient and reduce electricity costs? Contact Buckley Elevator today to learn how we can help you take your building’s elevator to the next level!