Most of the elevators are manufactured to provide about 30-40 years of service (provided that hey undergo periodic inspections and maintenance as guided by the manufacturer). As the elevator ages, it’s equipment become difficult to find and replace, and it’s ride performance also deteriorates. In such a case, building owners are suggested to get a complete renovation of their elevator.
    Generally, modernization of elevators includes changing the controller equipment, i.e. parts of the elevator that control its movement between the floors. These parts include motors and hoist machines that are responsible for heavy lifting, buttons of the can and electrical wiring that control the destination floors, lights etc. Sometimes, even the door tracks of elevators are modified and replaced to keep them up-to-date. The electronics, panelling, and other style changes are also done to modernize the interior of the elevator cabs. Elevator modernization, in fact, is often associated with aesthetic upgrade of the cab interior. Although important, the interior modification is only a part of the modernization process. Other upgrades including mechanical and control modules form the major substance of the modernization process and are thus focus of the following discussion.
      The decision on whether to go for elevator modernization or not depends largely on building owner’s or tenant’s satisfaction. Modernization of elevators comes with several benefits including increased efficiency and reliability, but at the same time costs thousands of dollars. Thus there are several things that have to be taken into consideration before making a final decision.
        We’ve listed down few important things you need to consider before you decide to go for elevator modernization:

          When does elevator modernization become necessary?

          Generally, fully service maintenance contract should provide the owner with the right to maintain his elevator system continuously. Proper maintenance and repair would protect the elevator from deteriorating quickly. However, factors like code compliance and obsolescence usually lead to major modernizations. In such cases, even with regular inspections and maintenance, elevator modernization becomes necessary. Although all scenarios are different from one another and there are many factors to consider, you have to keep in mind that major modernization does require replacement of mechanical and control systems, which means all the components in the machine room and hoist way.

            The Consultation Process

            Drafting and initial plan and listing down what needs to be replaced and what can stay is one of the greatest obstacles faced by property managers or building owners concerning elevator modernization process. With certain kinds of equipment like gearless hoist machines, major parts of the elevator are often kept and renewed rather than being replaced. Expert advice is essential at this stage and plays a major role in deciding the total project cost, as well as the targets to be achieved in the end. When an elevator begins to breakdown more frequently, it is the maintaining contractor who should be contacted first. In many cases, readjustment and repair of the equipment by an experienced service technician improves the operation of elevator to an extent that it can function efficiently for several more years without any need for modernization.
              The most common reason for modernization identified by elevator contractors is elevator obsolescence. But this may not always be the cause as the main problem with older elevator systems is that their maintenance is more labour intensive and thus less profitable for the service contractor. So it is advised to look for a second or third opinion from an independent qualifies consultant. By doing so, the claims of the contractor can be either confirmed or disproved. This may help the building owner save thousands of dollars on an unneeded modernization.

                Cost Considerations

                If you’re thinking that after elevator modernization you will be able to save more money in the long term, then you’re completely wrong. Financial savings are seldom achieved after upgradation of elevator. You may be thinking that your maintenance and service costs will be reduced after the modernization has been completed and you’ll be able to save that money, but this is not the case. In fact, your monthly charges will be increased after elevator’s renovation. The only means of your savings is the reduction in energy spent on elevator operation. Studies have found that newer technology utilizes less energy to drive systems and also emits less heat, which in turn reduces machine room cooling cost.