Energy Savings Formula:
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Definition: This calculator estimates cost savings from upgrading to more efficient HVAC systems by comparing old and new energy consumption.
Purpose: It helps homeowners and businesses evaluate potential savings when considering HVAC upgrades or replacements.
The calculator uses the formula:
Where:
Explanation: The difference in energy consumption between old and new systems is multiplied by the energy rate to determine dollar savings.
Details: Proper calculation helps justify HVAC upgrade investments, forecast payback periods, and reduce operational costs.
Tips: Enter the old system's annual kWh usage, new system's estimated kWh usage (from manufacturer specs), and your local energy rate (default $0.12/kWh).
Q1: Where do I find my old system's energy use?
A: Check your utility bills for annual kWh usage or use an energy monitor for more precise measurement.
Q2: How do I estimate new system's energy use?
A: Use the manufacturer's SEER rating and your climate zone to estimate, or consult an HVAC professional.
Q3: What's a typical energy rate?
A: Rates vary by location but average $0.12-$0.15/kWh in the U.S. Check your latest utility bill for exact rates.
Q4: Does this include maintenance savings?
A: No, this only calculates energy savings. Newer systems often have lower maintenance costs too.
Q5: How accurate are these estimates?
A: They provide a baseline estimate. Actual savings depend on usage patterns, climate, and system performance.