European Solar Thermal Industry Federation

Calculating costs of different RHC technologies

Date: 12 Apr 2016
Category: Solar Heat News

In the FROnT (Fair Renewable Heating and Cooling Options and Trade) project a user-friendly energy cost calculation tool is being developed in order to promote transparency in energy prices.

Previously a model to define the levelised cost of heating and cooling, taking into consideration the specificities of different technologies, as well as environmental and end use variables was developed. The methodology for estimating costs is outlined in this report.

The online tool relying on the calculation methodology will allow users to estimate costs as well as the environmental benefits of different Heating and Cooling options. For the moment, the tool is available for testing as an excel file. Please download here.

In details the tool will have 3 outputs:

1.  Renewable heating and cooling system comparison to reference system

2.  Simple payback time

3.  Green house gases emissions reduction and energy resources consumption

 

 

Get more information on the FROnT project.

 

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