Please note, due to the sensitive nature of our customers operating information and to protect the integrity of the data to which we have been entrusted, only where specifically given permission are we able to publicly acknowledge the results shown below. Thank you for your understanding, and if you would like to verify or audit any of these claims, please let us know, we will be happy to provide the supporting documentation.
*Customer “P”; Have stated that their PRO efforts have resulted in the following fleet-wide improvements in their system: a 30% improvement in their Equipment Forced Outage Rate (EFOR) a 7-8% average improvement in availability a cumulative reduction in O&M costs of 25% at the same time.
*Company “S”: Reports that their 18 plant fleet EFOR had dropped over a 3 year period from 4.5% to 1.9%, a 42% improvement! They directly attribute the performance to new accountabilities, work cultures and tools created by the PRO effort.
*TVA (Tennessee Valley Authority) reports a significant shift in plant culture away from reactive work to proactive and corrective maintenance activities are significantly reduced. PM compliance rose from 60% to 95%, sponsored work is down to just 22% and their EFOR rate has improved by 40% to illustrate just a few key indicators. In addition, their avoided costs from the findings of the PdM team are exceeding $5 million US dollars, and improvements continue…
At another large customer in the Midwest: This customer reported across the entire fleet of plants that their PM compliance and schedule compliance are approaching world-class levels in just the second year after engaging with P&ROSolutions. At the same time, their emergency call-outs continue to drop as their transition to a more orderly organization takes place. Performance is improving and Optimized levels of Reliability are within sight. As a final note, it has only taken 16 fiscal quarters, but their scheduled work is now at nearly 90% vs. a mere 10% before the switch to P&ROSolutions.
For additional benchmarks: In the Power industry, it is possible to reduce the Operations and Maintenance costs per kW and this is a common, but all too often misleading Key Performance Indicator (KPI). One way to do this is to reduce spending and cut or reassign staff to the point that the costs are reduced, but regrettably, those cost reductions lead to a loss of control of the physical assets, and the resulting increases in downtime for unscheduled repairs and unforced outages.
It takes vision and planning to invest in getting the right tasks and doing the correct levels of the various types of Maintenance that leads to Optimized Reliability and the right balance of costs vs. efforts. (Coal fired power plants greater than 500mW) The optimum way to measure costs of O&M per kW is by balancing that against the Equipment availability factor (EAF). When one looks at and analyzes the graph above, it becomes clear that costs can be contained and actually lowered while at the same time increasing the EAF.
This is how P&ROSolutions can help your business. We understand the right balance of tasks vs. costs and can help put together a strategy to maximize your ROI while protecting your assets.
