📺 Stream EntrepreneurTV for Free 📺

Epson Is Creating a Printer That Won't Run Out of Ink for 3 Years The EcoTank is reportedly launching in September.

By Claire Groden

entrepreneur daily

This story originally appeared on Fortune Magazine

The end of printer-related frustration might be drawing near.

Epson, the purveyor of printers and ink, is getting ready to launch a game-changing printer this September, according to Bloomberg. The EcoTank stores ink in deep wells that hold enough to print about 4,000 documents–almost twenty times the capability of current home and small business models.

The new printer will cost about $379 to start—far more than the $60 for a current Epson model. But owners of the EcoTank model will only have to buy $13 refill bottles to feed their tanks when they empty out, which Bloomberg says should happen every 3.5 years or so. In the long run, that's a much better deal than the current cartridge scheme.

The ink cartridges of old, which constantly need to be refilled, have posed a customer relations problem for Epson. While printers' low prices hook customers into purchasing their equipment, the frequent and high cost of ink enrages them. In 2006, Epson settled class action lawsuits brought by embittered customers who noticed some last drops of ink in cartridges that printers were refusing. Customers earned a $45 credit per printer, but Epson never admitted wrongdoing.

Claire Groden

Reporter

Claire Groden is a reporter at Fortune.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Living

This Set of Chef's Knives Is Nearly $300 Off

Secure a set of cutting-edge blades with an elegant gift box at a discount.

Living

Elevate Eating for Your Pet with This Discounted Feeder Bowl Set

Chow Down is made of sturdy material that's well designed to for any home or office.

Business News

Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'

Musk shared the secrets on a podcast with Nicolai Tangen, CEO of the $1.6 trillion Norges Bank.

Devices

Increase Your iPad Productivity with This Magic Keyboard for Just $95

Save more than 60% on this keyboard that's designed to work with the iPad 10th Gen, but only through April 30th.

Devices

Gear up for Summer Camping with $22 Off This Power Bank Flashlight

Planning weekends outdoors this summer? Don't do it without this light.