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Operating costs for home fuel cells can be as low as 6.0¢ per kWh based on $1.20 per therm for natural gas, assuming full electrical and heat load utilization. [ where? ] [ citation needed ] Residential fuel cells can have high initial capital costs – As of December 2012, Panasonic and Tokyo Gas Co., Ltd. sold about 21,000 PEM Eni-Farm units ...
In some areas electrical resistance heating is used, especially where the cost of electricity is low or the primary purpose is for air conditioning. Modern high-efficiency furnaces can be up to 98% efficient and operate without a chimney, with a typical gas furnace being about 80% efficient. [1]
90–95% (multiply by the energy efficiency of electricity generation to compare with other water-heating systems) Electric heater: Electrical to thermal ~100% (essentially all energy is converted into heat, multiply by the energy efficiency of electricity generation to compare with other heating systems) Others: Firearm: Chemical to kinetic
Economically, electric heat can be compared to other sources of home heating by multiplying the local cost per kilowatt hour for electricity by the number of kilowatts the heater uses. E.g.: 1500-watt heater at 12 cents per kilowatt hour 1.5×12=18 cents per hour. [18]
For instance, a system which delivers an HSPF of 7.7 will transfer 2.25 times as much heat as electricity consumed over a season. [5] In Europe the term Seasonal Performance Factor ("SPF") is used to mean the same as the average COP over the heating season. A system which transfers 2.25 times as much heat as the electricity consumed is said to ...
All in all, EU energy efficiency legislation is estimated to deliver savings worth the equivalent of up to 326 million tons of oil per year by 2020. [55] The EU set itself a 20% energy savings target by 2020 compared to 1990 levels, but member states decide individually how energy savings will be achieved. At an EU summit in October 2014, EU ...
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