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Economics of installation of an active solar heating system

Journal Article · · Energy Sources
;  [1]
  1. American Univ. of Armenia, Yerevan (Armenia). Dept. of Industrial Engineering

The American University of Armenia recently installed a shower system in the ground floor of its building. In this article the authors examine the economic viability of using an active solar system to heat the showers. Using conventional discounted cash flow analysis as well as two other economic assessments of the capital investment, the authors demonstrate that it is economically justifiable to invest in a solar heating system on the basis of the anticipated savings in heating costs over the lifetime of the system.

Sponsoring Organization:
USDOE
OSTI ID:
455415
Journal Information:
Energy Sources, Journal Name: Energy Sources Journal Issue: 2 Vol. 19; ISSN 0090-8312; ISSN EGYSAO
Country of Publication:
United States
Language:
English

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