Consider a homeowner who is replacing his 25-year-old natural gas furnace that has an efficiency of 55 percent. The homeowner is considering a conventional furnace that has an efficiency of 82 percent and costs $1600 and a high-efficiency furnace that has an efficiency of 95 percent and costs $2700. The homeowner would like to buy the high-efficiency furnace if the savings from the natural gas pay for the additional cost in less than 8 years. If the homeowner now pays $1200 a year for heating, determine if he should buy the conventional or the high-efficiency model.
Consider a homeowner who is replacing his 25-year-old natural gas furnace that has an efficiency of 55 percent. The homeowner is considering a conventional furnace that has an efficiency of 82 percent and costs $1600 and a high-efficiency furnace that has an efficiency of 95 percent and costs $2700. The homeowner would like to buy the high-efficiency furnace if the savings from the natural gas pay for the additional cost in less than 8 years. If the homeowner now pays $1200 a year for heating, determine if he should buy the conventional or the high-efficiency model.
Solution Summary: The author explains the simple payback period and calculates the annual cost of heating for 82% heater.
Consider a homeowner who is replacing his 25-year-old natural gas furnace that has an efficiency of 55 percent. The homeowner is considering a conventional furnace that has an efficiency of 82 percent and costs $1600 and a high-efficiency furnace that has an efficiency of 95 percent and costs $2700. The homeowner would like to buy the high-efficiency furnace if the savings from the natural gas pay for the additional cost in less than 8 years. If the homeowner now pays $1200 a year for heating, determine if he should buy the conventional or the high-efficiency model.
The homeowner would like to buy the high-efficiency furnace if the savings from the natural gas pay for the additional cost in less than 8 years. If the homeowner now pays $1200 a year for heating, determine if he should buy the conventional or the highefficiency model.
Consider a homeowner who is replacing his 25-yearold natural gas furnace that has an efficiency of 55 percent. The homeowner is considering a conventional furnace that has an efficiency of 82 percent and costs $1600 and a high-efficiency furnace that has an efficiency of 95 percent and costs $2700. The homeowner would like to buy the high-efficiency furnace if the savings from the natural gas pay for the additional cost in less than 8 years. If the homeowner presently pays $1200 a year for heating, determine if he should buy the conventional or high-efficiency model.
A device collects energy from the sun's rays and produces a high temperature of 95 °C. A small heat
engine then uses this as a high temperature reservoir and operates at an ambient temperature of 15 °C.
What is the maximum possible thermal efficiency of this heat engine?
After some improvements are made to the solar energy collector, the high temperature it produces is
now Tnew. If it is given that the new maximum possible thermal efficiency of the heat engine is double
the previous one, what is Tnew? (Assume that the ambient temperature stays the same)
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, mechanical-engineering and related others by exploring similar questions and additional content below.