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The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
Btu per hour (Btu/h) is sometimes used in North America and the United Kingdom - the latter for air conditioning mainly, though "Btu/h" is sometimes abbreviated to just "Btu". [18] MBH—thousands of Btu per hour—is also common. [19] 1 W is approximately 3.412142 Btu/h [20] 1,000 Btu/h is approximately 0.2931 kW; 1 hp is approximately 2,544 Btu/h
For other units, make sure to use a corresponding conversion factor for the units. For example, if using Btu/kWh, use a conversion factor of 3,412 Btu per kWh to calculate the efficiency factor. For example, if the heat rate is 10,500 Btu/kWh, the efficiency is 32.5% (since 3,412 Btu / 10,500 Btu = 32.5%).
According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of ...
For example, consider a 5000 BTU/h (1465-watt cooling capacity) air-conditioning unit, with a SEER of 10 BTU/(W·h), operating for a total of 1000 hours during an annual cooling season (e.g., 8 hours per day for 125 days). The annual total cooling output would be: 5000 BTU/h × 8 h/day × 125 days/year = 5,000,000 BTU/year
You can also use the calculator to view specific costs of goods and services between two geographic areas. For instance, bread costs $4.27 in the metro Washington, D.C. area but only $3.76 in ...
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