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  2. Annual fuel utilization efficiency - Wikipedia

    en.wikipedia.org/wiki/Annual_fuel_utilization...

    The annual fuel utilization efficiency (AFUE; pronounced 'A'-'Few' or 'A'-'F'-'U'-'E') is a thermal efficiency measure of space-heating furnaces and boilers.The AFUE differs from the true 'thermal efficiency' in that it is not a steady-state, peak measure of conversion efficiency, but instead attempts to represent the actual, season-long, average efficiency of that piece of equipment ...

  3. Average fixed cost - Wikipedia

    en.wikipedia.org/wiki/Average_fixed_cost

    If producing 5 shirts generates an average total cost of 11 dollars and average variable cost of 5 dollars, the fixed cost would be 6 dollars. Similarly, the firm produces 10 shirts and average total cost and average variable cost is 10 dollars and 7 dollars respectively. In this case, the average fixed cost would be 3 dollars.

  4. Central heating - Wikipedia

    en.wikipedia.org/wiki/Central_heating

    The energy cost of heating is one of the main costs of operating a building in a cold climate. Some central heating plants can switch fuels for reasons of economy and convenience; for example, a home owner may install a wood-fired furnace with electrical backup for occasional unattended operation.

  5. Coefficient of performance - Wikipedia

    en.wikipedia.org/wiki/Coefficient_of_performance

    The heat pump itself can be improved by increasing the size of the internal heat exchangers, which in turn increases the efficiency (and the cost) relative to the power of the compressor, and also by reducing the system's internal temperature gap over the compressor. Obviously, this latter measure makes some heat pumps unsuitable to produce ...

  6. Cost estimation models - Wikipedia

    en.wikipedia.org/wiki/Cost_estimation_models

    Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.

  7. Energy conversion efficiency - Wikipedia

    en.wikipedia.org/wiki/Energy_conversion_efficiency

    Higher COPs equate to higher efficiency, lower energy (power) consumption and thus lower operating costs. The COP usually exceeds 1, especially in heat pumps, because instead of just converting work to heat (which, if 100% efficient, would be a COP of 1), it pumps additional heat from a heat source to where the heat is required.

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