Using last years (2011) Environmental data for Cascais, with our estimated building characteristics of your house, we have been able to tabulate the cost of generating Hot water and providing Space Heating, using different energy sources.
We have not included the energy saving made whilst heating the Swimming Pool with solar energy, for reasons of clarity.
The five different Energy sources are:
Electricity – EDP, Domestic supply (BTN), normal tariff
Natural Gas – Lisboa Gas, Scale 2 tariff (221-500 m³/year)
Bottled Propane Gas – based on a local supplier (45kg)
Heating Oil – Diesel based, on a simple litre price
NetGreen Heat – Solar thermal and Heat Pump (elec. normal tariff)
Spectacular savings can be seen on a monthly basis, discriminating the costs of Hot water and Space heating.
The Simple payback is made comparing the Energy costs of using Propane gas, against the capital costs of installing ‘NetGreen Heat’ would equate to under 4.4 years.
This calculation has been estimated using Propane Gas as the alternative carbon based fuel, for comparison.
RETURN ON INVESTMENT (ROI) – 22.8% A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
By 2015 this will have increased to 25.8%, with our estimated cost in fuel / energy prices (see graph)