FOOTNOTES
- Estimates for whole-house On-Demand (Tankless) water heaters were substituted for Point-of-Use units because they also eliminate standby loss and have lower installed costs as compared to EEI/DOE estimates of $1800 & $1100 for multiple Point-of-Use units for heavy users & medium users, respectively.” (See Final Report for DOE/EEI Joint Water Heater Initiative, “Electric Water Heating Situation Analysis”, Reference #31186, Final Report to EEI/DOE December 6, 1996 by A.D. Little, Inc., Acorn Park, Cambridge, MA 02140-2390)
- Measure Life (ML) in years from Final Report Appendix A, pg. 10.
- Present Value Factor (PVF) = 20*[1-(1/1.05)^ML]**
- E-SIR = (PVF)* (kWh savings)/(Measure Cost)
-
SIR = E-SIR * CZFn * kWhcost
- Energy Savings for GFX & GAS Water Heater = 96 Therm; from Canadian R-2000/Energuide Credits.
- E-SIRGAS/GFX = 3.96 Therm/$
- SIRGAS/GFX = 3.96 @ $1/Therm
- Example: Ohio SIR @ Ohio Edison Rate = 11¢/kWh in CZ2
**Equations courtesy of Nick Milano, Energy Program Developer,
Ohio Office of Energy Efficiency, 614-466-8436 (Fax: 1864)
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