1d) A house has an electric resistance heater with an efficiency of 95%. The house is in a cold climate with heating requirement of 120 million BTU/year and no need for air conditioning in the summer. If a 14 costs. $10700, what heat pump with an HSPF = is the payback time in years (2 significant digits) for the heating savings compared to keeping the current resistance heater assuming electricity costs of $0.12/kWh?

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
icon
Related questions
Question
1d) A house has an electric resistance heater with
an efficiency of 95%. The house is in a cold climate
with heating requirement of 120 million BTU/year
and no need for air conditioning in the summer. If a
14 costs $10700, what
heat pump with an HSPF
is the payback time in years (2 significant digits) for
the heating savings compared to keeping the
current resistance heater assuming electricity costs
of $0.12/kWh?
Transcribed Image Text:1d) A house has an electric resistance heater with an efficiency of 95%. The house is in a cold climate with heating requirement of 120 million BTU/year and no need for air conditioning in the summer. If a 14 costs $10700, what heat pump with an HSPF is the payback time in years (2 significant digits) for the heating savings compared to keeping the current resistance heater assuming electricity costs of $0.12/kWh?
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Convection
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, mechanical-engineering and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Elements Of Electromagnetics
Elements Of Electromagnetics
Mechanical Engineering
ISBN:
9780190698614
Author:
Sadiku, Matthew N. O.
Publisher:
Oxford University Press
Mechanics of Materials (10th Edition)
Mechanics of Materials (10th Edition)
Mechanical Engineering
ISBN:
9780134319650
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Thermodynamics: An Engineering Approach
Thermodynamics: An Engineering Approach
Mechanical Engineering
ISBN:
9781259822674
Author:
Yunus A. Cengel Dr., Michael A. Boles
Publisher:
McGraw-Hill Education
Control Systems Engineering
Control Systems Engineering
Mechanical Engineering
ISBN:
9781118170519
Author:
Norman S. Nise
Publisher:
WILEY
Mechanics of Materials (MindTap Course List)
Mechanics of Materials (MindTap Course List)
Mechanical Engineering
ISBN:
9781337093347
Author:
Barry J. Goodno, James M. Gere
Publisher:
Cengage Learning
Engineering Mechanics: Statics
Engineering Mechanics: Statics
Mechanical Engineering
ISBN:
9781118807330
Author:
James L. Meriam, L. G. Kraige, J. N. Bolton
Publisher:
WILEY