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Economic Analysis |
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1. Project Cost
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Item |
Description |
Q’ty |
Cost |
Remarks |
1 |
GSE IP-195 SWH |
1 |
$2,990 |
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2 |
Installation Materials |
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$300 |
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3 |
Installation Labors& |
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$700 |
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4 |
Ontario Rebate |
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-$1,250 |
Effective March 30, 2009. |
5 |
Federal Rebate |
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-$1,250 |
Effective March 30, 2009. |
6 |
Tax Credit Deduct
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-$448.50 |
($3990 - $1000) x 15% = $448.50 |
7 |
Total |
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$1,041.50 |
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| 2. Economic Analysis |
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| Item |
Description |
Results |
Remarks |
1 |
Project Cost |
$1,041.50 |
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2 |
Annual Savings |
up to $330 |
One unit saves up to 600 m³ gas per year on optimized performance conditions, based on the gas price of $0.55/m³. |
3 |
Investment pay-back cycle |
3.5 years |
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4 |
Equipment life cycle analysis: Total static benefit throughout 20 year equipment design life cycle |
$6,600 |
Gas price goes up every year. Your total benefit would be more than $6,600 in 20 year equipment life cycle. |
5 |
Environment contribution |
Yearly 0.7 tons of green-house gases reduced each unit. |
14 tons of GHG reduced in 20 year equipment life cycle. |
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