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Assuming a conservative figure of USD 2,300 per crane hour, a difference of just one per cent in the total availability (reliability) of a crane will amount to a loss of following revenue to the operator: 3.65 days (1 % of 365 days) x 24 hours x USD 2,300 = USD 201,500 per year.
So, for the purpose of this discussion we will consider the needs and costs of installing a 15 square foot hydraulic elevator of average design, in a pre-existing home, which would adhere to the average pricing of $15,000 to $16,000 for the project.