Mats Bengtsson Heat saving calculations and house energy need

Simple form for calculating heat savings yourself

Mats Bengtsson mib over the years

A simple form for calculating heat savings yourself

The basics in the calculations are fairly simple, and the questions regarding them are common. Thus, I created this simple form to fill in some data. It delivers cost-saving calculation times by comparing the alternatives. The shown alternatives are

  • Using an electric heater only
  • Using an air/water heat pump
  • Using a geothermal heat pump

The assumptions for the calculations are that the different heat pumps are enough to heat the house without an additional electric heater. Or if not, that the differences in cost from needing such additions are small enough to be neglected.

Simple input data

The below input data are to make a rough comparison. The average heat consumption is assumed to be the heat consumption needed for the heating and assumed to be fully replaced with the alternative heat pumps. It is important to think of it not as the electricity consumption, but as the necessary consumption for the heating. Thus, hot water is assumed not to be included, neither is household electricity.

Also, if the heating today is fully or partly produced by a heat pump or a non-electrical furnace, that has to be included in the calculations. Then their current production, if they are to be replaced, has to be translated to corresponding necessary heating kwh, and added to the assumed kwh need for heating the house.

Base heating assumptions for calculations
Average heat consumption per year (kwh)
Average COP per year using geothermal pump
Average COP per year using air/water pump

Investment costs

The investments are only divided into two different costs:

  • The total investment needed for the geothermal heating. This includes all costs, heat pump, control system, hole in the mountain, installation, ...
  • The total investment needed for the Air/Water heat pump. Again including pump, control system, installation, ...

To make the comparison meaningful, the costs should be comparable. That means if one alternative does not include costs for water heating, then the other should neither.

Base cost assumptions for calculations
Geothermal investment, including all (SEK)
air/water investment, including all (SEK)

Resulting pay-back time

Click "Calculate" above to see results.

 

Headlines

Never trade stocks without having tested your system. In fact, most trading systems are not profitable if tested over many stocks. Full story...

Do not invest in heating equipment without having compared the alternatives. Compare both with the current solution and with different options. Full story...

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