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December 19, 2019

How Speed Queen Laundry Equipment Can Save Your Multi-Housing Facility Money on Utility Bills

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Here at Coin-O-Matic, we talk to a lot of laundry equipment investors about utility costs. Most property owners and multi-housing laundry room managers are doing everything they can to keep costs low and increase profits — and that’s where we come in. Here at Coin-O-Matic, we’re a proud Midwest distributor of Speed Queen commercial laundry equipment for apartments, condos, universities, and other multi-housing laundry operations. When it comes to energy-efficiency and laundry innovation that saves you money on utilities, there’s no doubt that Speed Queen is ahead of the curve. Here’s how Speed Queen laundry equipment can save you and your residents money on utility bills…

  • Efficient design. Speed Queen designs all its products with efficiency in mind. In fact, research has shown that you can save approximately $1,008 per year per washer-extractor, just by replacing your old, outdated machine with Speed Queen. Plus, efficient washers and dryers get clothes cleaner from the start, which means your residents won’t be wasting water, gas, and electricity by having to double or triple wash something. 

  • High extraction speeds and fast dry times. Speed Queen machines have been proven to get clothes and linens dry faster, which means you’re using less electricity per load and residents are getting more laundry done in less time. 

  • 30 programmable water levels. Controlling how much water you use is key to reducing utility costs. Speed Queen Quantum Controls allow users to control water costs by adjusting water levels to meet their needs for each load. 

  • Multi-level pricing. Speed Queen’s Quantum Controls allows for multi-level pricing, which means multi-housing laundry managers can charge residents and users more for premium features that use additional water and electricity, such as an extra rinse cycle or hot water. This provides additional revenue to help offset utility costs. 

  • Low power mode. Don’t waste money when your on-premises laundry facility isn’t in use. Speed Queen Quantum Controls offer a low power mode, so your machines automatically save you money when your facility is closed and/or not operating. 

  • Leak detection. Leaking machines lead to wasted water, high utility bills, and potentially serious damage to your washer or facility. Speed Queen Quantum controls have an automatic leak detection to help you monitor your drain system and catch leaks right away. 

Keep in mind that laundry equipment isn’t meant to last forever. In fact, the average lifespan for peak efficiency of a top or front load washer is only 5 to 7 years. If it has been a while since you’ve updated the washers and dryers at your residential property, you could be wasting a ton of money. Let’s chat about how we can get your Illinois or Indiana-based laundry facility operating at peak efficiency and start saving you money on utility costs. 

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