Glossary of terms used on this site
There are 67 entries in this glossary.All
| Term | Definition |
|---|---|
| Simple Payback Factor (heating) |
Subtract the installation cost of the least expensive (less efficient) system from the installation cost of the more expensive (more efficient) heating system. This value is the increased cost of installing the more efficient system. Calculate the yearly energy savings in dollars by installing the more efficient system. Take the increased cost to install divided by the yearly energy savings and your result is the number of years required for the more efficient system to pay for itself. |
