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  2. Coefficient of performance - Wikipedia

    en.wikipedia.org/wiki/Coefficient_of_performance

    The coefficient of performance or COP (sometimes CP or CoP) of a heat pump, refrigerator or air conditioning system is a ratio of useful heating or cooling provided to work (energy) required. [1] [2] Higher COPs equate to higher efficiency, lower energy (power) consumption and thus lower operating costs. The COP is used in thermodynamics.

  3. Seasonal energy efficiency ratio - Wikipedia

    en.wikipedia.org/wiki/Seasonal_energy_efficiency...

    Typical EER for residential central cooling units = 0.875 × SEER. SEER is a higher value than EER for the same equipment. [1] A more detailed method for converting SEER to EER uses this formula: EER = −0.02 × SEER² + 1.12 × SEER [2] Note that this method is used for benchmark modeling only and is not appropriate for all climate conditions ...

  4. European seasonal energy efficiency ratio - Wikipedia

    en.wikipedia.org/wiki/European_seasonal_energy...

    The formula for ESEER can then be presented as follows: ESEER = (EER@100% load × 0.03) + (EER@75% load × 0.33) + (EER@50% load × 0.41) + (EER@25% load × 0.23) [ 1 ] Eurovent publishes EER and ESEER values in its Directory of Certified Products together with cooling capacity and power input for standard conditions at full load for a wide ...

  5. Heating seasonal performance factor - Wikipedia

    en.wikipedia.org/wiki/Heating_seasonal...

    The HSPF is related to the non-dimensional Coefficient of Performance (COP) for a heat pump, which measures the ratio of heat delivered to work done by the compressor. The HSPF can be converted to a seasonally-averaged COP assuming a lossless compressor and no heat loss by multiplying by the heat/energy equivalence factor .29307111 W·h per BTU.

  6. Accounting equation - Wikipedia

    en.wikipedia.org/wiki/Accounting_equation

    The accounting equation plays a significant role as the foundation of the double-entry bookkeeping system. The primary aim of the double-entry system is to keep track of debits and credits and ensure that the sum of these always matches up to the company assets, a calculation carried out by the accounting equation.

  7. Exergy efficiency - Wikipedia

    en.wikipedia.org/wiki/Exergy_efficiency

    As an example the combustion process inside a power stations gas turbine is highly irreversible and approximately 25% of the exergy input will be destroyed here. For fossil fuels the free enthalpy of reaction is usually only slightly less than the enthalpy of reaction so from equations ( 3 ) and ( 4 ) we can see that the energy efficiency will ...

  8. Pre-determined overhead rate - Wikipedia

    en.wikipedia.org/wiki/Pre-determined_overhead_rate

    For example, the costs of heating and cooling a factory in Illinois will be highest in the winter and summer months and lowest in the spring and fall. If the overhead rate is recomputed at the end of each month or each quarter based on actual costs and activity, the overhead rate would go up in the winter and summer and down in the spring and fall.

  9. Growth accounting - Wikipedia

    en.wikipedia.org/wiki/Growth_accounting

    As an abstract example consider an economy whose total output (GDP) grows at 3% per year. Over the same period its capital stock grows at 6% per year and its labor force by 1%. The contribution of the growth rate of capital to output is equal to that growth rate weighted by the share of capital in total output and the contribution of labor is ...

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