Calculating costs of different RHC technologies
Date: 12 Apr 2016Category: 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.