Hi Bill
I am afraid that VFD's are also being made with "planned obsolescence" in mind. Those old transistor based systems are lasting longer than the manufacturer wants them too. So now, even Allen Bradley, who I think makes one of the best VFD's, has redesigned their units to cost less but, not last as long. For instance, they use to have a power pack for each of the three phases. Now they are making a single power pack to work for all three phases. This cuts cost and makes them more competitive with the millions of other companies that are doing the same thing. Although, it increases heat, decreases dependability, and makes these systems not last as long. We are told to plug in 17 years as the average life of a VFD, which would make these systems actually save some money and energy. However, from one company who sells VFD's, they say the average life is less than 8 years, and does not last long enough for a pay off.
http://www.powerqualityanddrives.com/payback_analysis_vfd/
I hear from other people who work on VFD's, that the actually life expectancy is really only 3 to 4 years. This means even though they have become cheaper, that you will spend more money on VFD equipment than you will ever save in energy.
(Now my rant)
"Planned obsolescence" is a closely guarded secret in nearly all corporations. It is discussed at the highest level and hidden from everybody at the lower levels. It is adamantly denied if you ask about it but, it is built into nearly everything we purchase. To further confuse anyone who might overhear, it is usually referred to as a "fluid system". This has nothing to do with water. It simply means that the products are flowing out, and the cash is flowing in, "fluidly".
This can be a real "tar baby" once you buy into it. Companies want a repeat sell so they put very little quality into their products. We believe quality is not longer attainable, so we shop for the lowest price. The lowest price requires companies to put even less quality into their products so, the vicious circle continues. It is all being done so slyly, that most people do not even realize it is happening, and will brand you a Domesday sayer if you mention it.
Think about it this way. If they made a mouse trap so good that it would render all mice extinct, people who make mouse traps would go out of business. So they want to make a mouse trap that sort of works but, not too well. Then you think you are doing the best you can, and continue to purchase more mouse traps. This not only cost the consumer much more money but, I believe it is the biggest waste of energy and natural resources of all time. A 57 Chevy may only get 20 miles per gallon but, has never had a repair in it's million mile lifetime. This would save considerable energy and money over a car that gets 30 miles to the gallon, and has been replaced 5 to 7 times in a million mile lifetime. The manufacturer wants you to think that getting 30 miles per gallon is saving so much energy, that you should be glad to purchase a new car every 100,000 miles. In reality, the new car would have to get 60 miles per gallon to make up for only lasting 1/10th the amount of time as the 57 Chevy. A "fluid system" for the manufacturer, is a "tar baby" for the consumer.