There comes a time in every elevator’s life when it no longer makes financial or logistical sense to continue repairing the same components year after year. Service calls get expensive, replacement parts become harder to find and the time the elevator spends out of service ends up exceeding its time in operation.
In most cases, the best solution is elevator modernization. Elevator modernization decreases energy consumption, increases property values and improves overall passenger safety. But is it the right move for your elevators? Here’s everything you need to know.

The biggest advantage of an elevator maintenance plan is that it’s intended to minimize risk for the elevator owner. Keep in mind that not all maintenance plans are created equal. You’ll need to verify your terms to see if parts, repairs and unscheduled service calls are included. Maintenance Agreements, but the parts could be billable in lower plan tiers.