Kara Masterson https://www.nationwideboiler.com 2m 617
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
A commercial boiler refers to a heating system for a large commercial business. The boiler provides hot water or steam to the building to keep it at a comfortable temperature or is used in the manufacturing process of industrial plants. The way they work is commercial boilers will have a tank that is either water or steam heated, which provides the heat necessary to power manufacturing machines or to heat the building. You can typically find them in the center of the floor they’re on, that way it’s easier for them to reach the entire floor.
Not everyone is able to afford a boiler outright, sometimes it’s much cheaper for companies to rent a boiler. If your business needs a boiler and you can’t decide if you should go ahead and buy one or you should rent one, below is a list of reasons to rent first.
Expenses
A commercial boiler rental is less expensive than buying or installing one in a commercial building. Many people do not have the money to buy or do not want to put themselves in debt by buying a commercial boiler. The price range for a new boiler is anywhere from thirty-five thousand dollars for a small commercial unit to over two hundred thousand dollars for some of the larger boilers. An owner who rents a commercial boiler will typically pay an annual fee and then monthly charges that cover the cost of water, maintenance costs, and repair fees.
Less Risk
Renting is an effective way to raise deductibles and lower the overall risk of not having coverage on a commercial boiler while still providing regular maintenance and repair services. A business owner considering renting a commercial boiler may not be able to afford the deductible requirements without paying for coverage. Raising the deductible will decrease premium costs, which may be necessary due to financial limitations.
Temporary Work Space
Renting a boiler can be a good option for those unsure that they will stay in one place for the long term. Buying a boiler can be a risky venture for business owners because it is an investment that could lose money if the building is no longer in use by the business. A boiler rental is a way to save money on purchasing a boiler while still having the option to take the money and leave if business conditions change.
Multiple Boilers Needed
Boiler rentals can be more affordable than buying when multiple commercial buildings are involved. One facility may require a larger boiler than others in the complex. A boiler rental will allow everyone in the complex, with certain limitations, to benefit from all of the money that is saved by renting a commercial boiler instead of investing in it directly.
Varied Needs
Boiler rentals can be helpful for businesses with unpredictable needs. Renting a commercial boiler is a good way for business owners to address their heating needs without choosing a large boiler that can provide a lot of heat at once. Steam or hot water boilers are more accessible to adjust than liquid propane boilers, which provide heat units based on how often the pilot light is lit. It makes them ideal for situations where the heat needed varies widely over short periods.
Commercial boiler rentals are an essential and valuable asset advised by business owners to purchase or install. They can be a great way to cut down on costs, gain deductibles and risk, and attain the convenience of not worrying about maintenance or repairs for a suitable period for a business owner’s needs.
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