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Energy Cost Calculator for Heat Pumps(5.4-20ton)-news-84

Vary equipment size, energy cost, hours of operation, and /or efficiency level.
INPUT SECTION
Input the following data (if any parameter is missing, calculator will set to default value).				Defaults
Project Type				New Installation
Condenser Type				Air Source
Existing Capacity *		ton
Existing Cooling Efficiency *		EER
Existing Heating Efficiency *		COP
Existing IPLV Efficiency *		IPLV
New Capacity		ton		10 tons
New Cooling Efficiency		EER		10.1 EER
New Heating Efficiency		COP		3.2 COP
New IPLV Efficiency		IPLV		10.4 IPLV
Energy Cost		$ per kWh		$0.06 per kWh
Annual Hours of Operation for Cooling		hours		1500 hours
Annual Hours of Operation for Heating		hours		1500 hours
Quantity of Heat Pumps to be Purchased		unit(s)		1 unit
* Existing values should only be entered when Project Type is a replacement.
OUTPUT SECTION
Performance per Heat Pump	Your Choice	Existing Heat Pump	Base Model	FEMP Recommended Level	Best Available
Cooling Efficiency	EER
Heating Efficiency	COP
IPLV Efficiency	IPLV
Annual Energy Use	kWh
Annual Energy Costs	$	$	$	$	$
Lifetime Energy Costs	$	$	$	$	$
Lifetime Energy Cost Savings	$	$	$	$	$
Lifetime Energy Cost Savings for Heat Pump(s)	$	$	$	$	$
Your selection of a ton heat pump will have a $ energy cost savings per heat pump over an estimated 15 year life expectancy compared to the base model.
If you feel the above is not suitable for you. You can download Building Life-Cycle Cost (BLCC) software heat pump cost counting tool from our website. Assumptions "Base model" has an efficiency that just meets the national minimum standard for that capacity. Lifetime energy cost is the sum of the discounted value of the annual energy costs based on assumed commercial heat pump life of 15 years. Future electricity price trends and a discount rate of 3.2% are based on Federal guidelines. $0.06 for electricity is the Federal average price in the U.S.
Disclaimer This cost calculator is a screening tool that estimates a product's lifetime energy cost savings at various efficiency levels. Maintenance and installation costs do not vary significantly among the same product having different efficiencies; so, these costs are not included in this calculator tool. For a detailed life-cycle cost analysis, FEMP has developed a tool called Building Life-Cycle Cost (BLCC). This downloadable tool allows the user to vary interest rates, installation costs, maintenance costs, salvage values, and life expectancy for a product or an entire energy project.

Existing Capacity in tons. Existing values should only be entered when Project Type is a replacement. Existing Cooling Efficiency in eer. Existing values should only be entered when Project Type is a replacement. Existing Heating Efficiency in coefficient of performance. Existing values should only be entered when Project Type is a replacement. Existing IPLV Efficiency in IPLV. Existing values should only be entered when Project Type is a replacement. New Capacity in tons. Default is 10 tons New Cooling Efficiency. Default is 10.1 EER New Heating Efficiency in coefficient of performance. Default is 3.2 COP New IPLV Efficiency in IPLV. Default is 10.4 IPLV Energy Cost amount of cost per kilowatt hour. Default is $0.06 per kWh Annual Hours of Operation for Cooling. Default is 1500 hours Annual Hours of Operation for Heating. Default is 1500 hours Quantity of Heat Pumps to be Purchased per unit. Default is 11 unit Cooling Efficiency your choice in EER Cooling Efficiency existing heat pump. Cooling Efficiency of base model. Cooling Efficiency FEMP recommended level Cooling Efficiency Best available Heating Efficiency your choice in COP Heating Efficiency existing heat pump. Heating Efficiency of base model. Heating Efficiency FEMP recommended level Heating Efficiency Best available IPLV Efficiency your choice in IPLV IPLV Efficiency existing heat pump. IPLV Efficiency of base model. IPLV Efficiency FEMP recommended level IPLV Efficiency Best available Annual Energy Use your choice per kilowatt hour Annual Energy Use existing heat pump. Annual Energy Use of base model. Annual Energy Use FEMP recommended level Annual Energy Use Best available Annual Energy Costs your choice Annual Energy Costs existing heat pump. Annual Energy Costs of base model. Annual Energy Costs FEMP recommended level Annual Energy Costs Best available Lifetime Energy Costs your choice Lifetime Energy Costs existing heat pump. Lifetime Energy Costs of base model. Lifetime Energy Costs FEMP recommended level Lifetime Energy Costs Best available Lifetime Energy Costs Savings your choice Lifetime Energy Costs Savings existing heat pump. Lifetime Energy Costs Savings of base model. Lifetime Energy Costs Savings FEMP recommended level Lifetime Energy Costs Savings Best available Lifetime Energy Costs Savings for quantity of Heat Pump(s) Lifetime Energy Costs Savings for Heat Pump(s) your choice Lifetime Energy Costs Savings for Heat Pump(s) existing heat pump. Lifetime Energy Costs Savings for Heat Pump(s) of base model. Lifetime Energy Costs Savings for Heat Pump(s) FEMP recommended level Lifetime Energy Costs Savings for Heat Pump(s) Best available Your selection of a ton heat pump will have a $ energy cost savings per heat pump over an estimated 15 year life expectancy compared to the base model.