Program Investment Justification

Reports from EPRI, IEEE, and NERC show:

  • Condition-based maintenance (IR, ultrasonic, vibration, dissolved gas analysis, partial discharge) significantly reduces Unplanned outages
  • Vegetation management and asset inspection (condition-based monitoring) are the two highest-value investments for reducing preventable outages

Typical downtime cost per hour (industry averages):

Industry Downtime Cost
Automotive ~$3M/hour
Oil & Gas ~$220K–$500K/hour
Energy / Utilities $300K–$500K+/hour
Telecom ~$2M/hour
Healthcare ~$636K/hour
Retail ~$1.1M/hour
Data Centers / IT $1M–$5M/hour

Example #1: Maintenance Justification Calculation

Scenario:

  • Facility downtime costs: $12,000 per hour
  • Each outage lasts: 3 hours
  • Expected outages without maintenance: 1.3 per year
  • Proposed maintenance program cost: $8,500 per year
Downtime Costs/Hr $12,000
Downtime Duration 3 hrs $36,000.00
Expected Outages/Year 1.3 $46,800.00
Costs of Maintenance $8,500.00
Savings per Year $38,300.00
ROI 451%

Calculation Result:

Maintenance yields a 450% return on investment and prevents approximately $46k/year in outage losses. Decision-makers appreciate/respond to formulas like:

  • A $8,500 annual maintenance program prevents $46,800 in avoidable outage losses.     ROI = 450%.
  • Failure to perform this maintenance exposes the facility to a high-probability $47k outage event this year.

Maintenance ROI Calculator

Scenario 1: Cost-Based ROI
$
hrs
/yr
$

Scenario 2: Risk Reduction
$
%
%

Example #2: Maintenance Justification Calculation

Scenario Failure Probability Estimated Cost
No PM 40% $120k
Annual PM 15% $45k
PM + testing 5% $15k

“Preventative Maintenance spending reduces the expected loss by $105,000 annually.”
“Condition-based testing reduces the probability of failure by 70%, avoiding $110k in potential downtime costs.”

Calculation Result:

Expected Loss (No PM) $120k
Expected Loss (PM) $45k
Expected Loss (PM + Testing) $15k
Savings ~$105k
Risk Reduction ~70%

Costs of Unplanned Outages:

Direct Production Loss

  • Lost units × profit margin/contribution margin
  • Labor costs during downtime
    Formula:
    Production loss ($/hr) = Throughput/hr × Profit contribution per unit

Quality & Scrap Costs

  • Incomplete batches
  • Rework
  • Contaminated or temperature-sensitive product losses

Delivery Delays / Lost Revenue

  • Missed shipments/Delayed Deliveries
  • Lost contracts
  • Customer penalties

Regulatory or Safety Costs

  • OSHA involvement
  • Reporting requirements
  • Compliance fines (esp. food, pharma, critical manufacturing, hospitals)

Restart & Recovery Costs

  • Overtime
  • Emergency service calls
  • Restart cycles, warm-up time
  • Engineering troubleshooting

Unplanned outages dramatically shorten equipment life.
Planned maintenance often extends service life by 20–40% (typical for motors, switchgear, compressors, HVAC, UPS, etc.).

Presentation Tips:

Showing the delta between these scenarios wins budget meetings.

Scenario A: Run-to-Failure

  • Higher probability of catastrophic failure
  • High outage cost per event
  • Emergency callout rates
  • Higher damage to equipment
  • Lower reliability index

Scenario B: Planned Maintenance

  • Controlled downtime
  • Lower cost
  • Predictable budget
  • Improved reliability
  • Longer asset life

Executives respond best to:

Bar chart:

Outage cost vs PM cost

Pie chart:

Where outage losses occur

Comparison chart:

Run-to-failure vs PM

ROI table

Supporting Continuous 24/7 Operations

Survey – Plan – Shutdown & Repairs – Operate & Re-Survey

© 2026 Kunst Engineering & Consulting, L.L.C.