A family wants to replace their 25 year old gas-fired combi boiler (24 kW) where the unit cost of natural gas is ₺0.15/kWh. The current combi has 60% efficiency and operated for 2 hours a day for 3 months each year. The family wants to make a decision whether to buy a new combi with 90% efficiency and ₺4000 cost. Give your suggestion to this family whether to buy the new one or keep the current one considering a simple payback period of 5 years.

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
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A family wants to replace their 25 year old gas-fired combi boiler (24 kW) where the unit cost of natural gas is ₺0.15/kWh. The current combi has 60% efficiency and operated for 2 hours a day for 3 months each year. The family wants to make a decision whether to buy a new combi with 90% efficiency and ₺4000 cost. Give your suggestion to this family whether to buy the new one or keep the current one considering a simple payback period of 5 years.

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