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which photo/jim presents freshwater math calculated with Excel spreadsheets as the new service of EST lts environmental academy environmental academy com todays example calculate annual energy dollar savings for one replacing one motor todays problem reads calculate annual energy dollar savings due to pump efficiency by replacing an old efficiency pump motor with newer more efficient pump motor both pump motors operate at 50 output HP horsepower the older the old motors efficiency is eighty-five percent and the new motors efficiency is guaranteed ninety-three percent the new motor runs seventy-four percent of the time in 365 days per year with electricity averaging point 1320 dollars per kwh so what we need to do is figure out the horsepower savings and then extend that out for cost savings for a year and in order to calculate the HP savings we need to calculate to HP of the old pump and the HP of the new pump subtract the difference subtract the two to get the difference and thats