Wednesday, 11 February 2015

The Breakdown

Hi world,

Did you know that your hot water tank is the least efficient appliance in your home by far? The US Department of Energy1 posted a frightening graph last summer depicting the efficiency of the most common home appliances and it looks like this:

This chart shows how much energy a typical appliance uses per year and its corresponding cost based on national averages. For example, a refrigerator/freezer uses almost five times the electricity the average television uses.
We've been talking about how important it is to lower your energy usage, not only for the planet but for your wallet as well. A 20% reduction from the 2300 kWh a 2-person home uses on average for hot water heating drops you to 1840 kWh, a reduction of 460 kWh. At a residential average of $0.1246 per kWh, that's a savings of $57.32 just on the smallest version of the least efficient appliance. That means that even if you only had one Peco-M 3600 Series working in your home, it would be paid for and saving you money within the first two years of use. With a five-year warranty, that is a smart decision. If you have a 50 gallon tank, like most homes do, and you use it an average of three hours a day, you're looking at $591.30 per year and could save up to $118.26 in a year, recovering your costs almost immediately. From then on, you're just saving money, year after year.

Now imagine if you were using Peco-M Systems with other appliances in your home. BC Hydro2 says electric baseboard heating accounts for 44% of your yearly bill ($607.50 as a low average for total yearly, $267.30 of which is from your baseboard heating). A Peco-M 2400 Series would, based on those numbers, save up to $53.46 a year.

image from troymedia.com
Add in a 1500W space heater3 and you're saving another $32.85. All this adds up – with three systems in place in the average North American home, the savings with three Peco-M Systems are a staggering $204.57 per year. Plus, because many electricity providers charge different rates according to energy usage, you'll likely stay within the lower rate as well.

But the big benefit is to the environment.  If you are using 2200 less kWh, the power companies have to provide that much less, and though each individual home will not have a large impact, having even five homes means the power company is needs to create a whole home's less power for the year. Even if we underestimated and said it were one in ten, that is still 10% less power, 10% less draw on our resources.


Will you work with us?

-SWW


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