Savings Analysis

Below is a sample savings analysis estimate comparing an existing tankless coil oil boiler, a boiler with an indirect water heater, and System 2000 based on the Department of Energy’s Brookhaven National Laboratories study. Please contact your Energy Kinetics’ heating professional to perform a savings estimate for your specific home, equipment, geography, current fuel prices and more. With your heating professional’s help, you can even estimate your return on investment versus other alternatives!

 

Location Harrisburg, PA Heat and Hot Water System Upgrade Summary
Home size 2,200 (square feet)
Hot water use Average Current System New Upgrade Choice 2 Upgrade Choice 1
Fuel Cost $3.29 per gallon Typical cast iron boiler with hot water coil in boiler Typical new cast iron boiler with 40 gallon indirect water heater System 2000
(87.9% AFUE)
Summary:
Your estimated savings by upgrading to System 2000 from the current system is about $1150 per year, or $95 per month. Estimated savings are approximately $34504 and 231677 pounds of carbon dioxide (greenhouse gases) over a 30 year period. Estimated savings over option 2 are about $29290 and $1.03 per gallon. Fuel Type: Oil Heat Oil Heat Oil Heat
140000 BTU/hr 140000 BTU/hr EK1 83,000 BTU/hr
Boiler Control: Typical Boiler Control Typical Boiler Control Energy Recovery (Top Rated Control)
Estimated Annual Efficiency: 53% 56% 84%
AFUE Rating: 85.0% 86.5% 87.9%
Estimated Average Monthly Fuel Bill: $258 $244 $162
Estimated Annual Fuel Bill: $3,099 $2,925 $1,949
System 2000 Estimated Draft Related Losses: 86 gallons 81 gallons 0 gallons
Estimated Fuel Use: 942 gallons 889 gallons 592 gallons
Estimated Summer Hot Water Fuel Use per Day: 0.8 gallons 0.7 gallons 0.2 gallons
Estimated 30 year reduction in pounds of carbon dioxide equivalent (greenhouse gas emissions)*: 35,010 231,678
Savings per gallon: $0.18 $1.22
Equivilent Fuel Price: $3.11 $2.07
Estimated Savings Percent: 6% 37%
Estimated Annual Savings: $174 $1,150
Estimated 30 Year Fuel Savings $5,214 $34,504

Cut up to $1.40 per gallon Off Propane or Fuel Oil Costs

Save on fuel costs now and minimize the impact of the volatility of future energy costs. By investing in your home comfort you can save dramatically this heating season and enjoy the benefits of virtually unlimited heat and hot water and near silent operation.

Based on fuel price of $3.50 per gallon and System 2000’s typical fuel savings of up to 30%-40% or more, it’s like saving up to $1.40 per gallon year after year!