Great Lakes Air Products Nitrogen Generators
Why Generate Nitrogen?
75% to 90% Cost Savings
How is Nitrogen Generated?
Generating nitrogen can substantially reduce the cost of nitrogen consumption, and is the primary reason for the purchase of most GN2 systems.
The price of purchasing nitrogen in a gaseous or liquid form can vary from $2.88 to $0.60 per 100 ft. The price range can be a result of volume consumption, type of product, location, or vendor.This cost is strictly for the gas or liquid delivered and does not factor additional supply costs such as:
• Delivery Costs
• Monthly Cylinder / Tank Rental Fees
• Bulk Evaporative Loss
• Handling and Purchasing Labor Costs
• Additional Site Liability Insurance
A GN2 system will produce gaseous nitrogen at costs that ranges from $0.320 to $0.131 per 100 cubic feet. The price range is a result of local power costs, compressor efficiencies, compressor and generator maintenance costs, and required nitrogen purity.
An average GN2 system has an (ROI) return on investment of 6 to 18 months. This rapid return enhances the financially attractive position of a GN2 system above and beyond the 75% to 92% base reduction in nitrogen cost.