Mining Vehicle & Underground Equipment calculator
Battery-Electric Retrofit Payback Calculator
Estimate battery-electric retrofit payback for mining vehicle and underground equipment using production-ready inputs so teams can screen a capital project before a detailed business case. Enter the investment, your real annual savings, and ongoing support cost to see when the project pays back.
What this calculator does
- Estimate battery-electric retrofit payback for mining vehicle and underground equipment using production-ready inputs so teams can screen a capital project before a detailed business case.
- Use it when battery-electric retrofit payback in mining vehicle and underground equipment is being compared against another mining vehicle and underground equipment project for the same budget.
- Turns battery-electric retrofit payback investment, annual battery-electric retrofit payback savings, annual battery-electric retrofit payback support cost into a payback period for battery-electric retrofit payback in mining vehicle and underground equipment.
Formula used
- Net annual battery-electric retrofit payback savings = annual battery-electric retrofit payback savings - annual battery-electric retrofit payback support cost
- Battery-electric retrofit payback payback period = battery-electric retrofit payback investment รท net annual savings
Inputs explained
- Battery-electric retrofit payback investment: Enter the full project cost including equipment, integration, tooling, training, installation, and launch support.
- Annual battery-electric retrofit payback savings: Use documented labor, scrap, energy, uptime, warranty, or capacity savings from the business case.
- Annual battery-electric retrofit payback support cost: Include maintenance, spares, software, calibration, utilities, and specialist support required each year.
How to use the result
- Use it when ranking competing projects against the same budget.
- Ramp time, training cost, and process change risk are not in the formula; they often add 20 to 40 percent in year one.
Common questions
- What does the battery-electric retrofit payback calculator give me? Estimate battery-electric retrofit payback for mining vehicle and underground equipment using production-ready inputs so teams can screen a capital project before a detailed business case. You get a payback period you can defend before quoting, scheduling, or sign-off.
- Which assumptions drive the payback period? battery-electric retrofit payback investment, annual battery-electric retrofit payback savings, annual battery-electric retrofit payback support cost usually move the payback period most. Pull from measured mining vehicle and underground equipment runs, supplier data, and recent quotes rather than memory.
- How should I act on the output? Use the payback period plus the five year net to argue the mining vehicle and underground equipment business case on its own merits.
- What can throw the result off? Validate the savings number against a baseline measurement, not a vendor estimate; vendor numbers run high.
Last reviewed 2026-05-12.