Why is electric motor efficiency so important?

Here we explain the importance of high motor efficiency and MEPS (Minimum Energy Performance Standards), which sets the mandatory minimum efficiency levels for electric motors. Next video:    • How to calculate total cost of ownership o...   Previous video:    • How alternating current motors work?   See full playlist here:    • Motor knowledge up - Cost of ownership down   It is possible to achieve significant time and cost savings once you understand the factors that contribute to the total cost of ownership of electric machines. Our series of educational videos offers a “crash course” on all aspects of electric motors: from the basics of electromagnetic induction to motor selection criteria, through to maintaining your equipment to lower the lifetime cost of owning it. And when costs come down, productivity and profitability go up. More information: https://goo.gl/ibbTGw