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costs and Economical analysis |
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1. Project Cost
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Item |
Description |
Q’ty |
Costs |
Remarks |
1 |
GSE IP-195 SWH |
1 |
$2,990* |
CSA Certification Number 232467 |
2 |
Installation Materials |
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$300 |
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3 |
Installation Labors |
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$700 |
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| 4 |
Controller |
1 |
$200 |
Including $50 for installation |
5 |
Sub-Total |
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$4,190** |
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6 |
Federal Rebate |
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-$1,250 |
NRCan ecoENERGY Program. |
7 |
Ontario Rebate |
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-$1,250 |
Matching NRCan ecoENERGY Program. |
8 |
Total |
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$1,690 |
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* This price is exclusive for GTA and is subject to change without notice. |
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** Tax is not included, like 5% for GST, or 13% for HST later. |
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2. Economical Analysis |
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| Item |
Description |
Results |
Remarks |
1 |
Project Cost |
$1,690 |
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2 |
Annual Savings |
600 x $0.55 = $330 |
One unit can saves up to 600 m³ of gas per year on optimized performance conditions. Based on $0.55/m³ of gas price. |
3 |
Investment pay-back cycle |
Around 5 years |
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4 |
Equipment life cycle analysis: Total static benefit throughout 25 year equipment design life cycle |
$8,250 |
Gas price goes up every year. Your total benefit would be more than $8,250 in 25 year equipment life cycle. |
5 |
Environment contribution |
Yearly 0.7 tonnes green-house gases reduced each unit. |
17.5 tonnes of GHG reduced in 25 year equipment life cycle. |
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