j00fek said:
this system is more like 20-30k, the ROI is 20% yr, but im not sure if they based that on $4 oil. i wouldn't mind this system running off nat. gas, i dont think solar would produce enough even in the winter months here. though i dont now how solar works in the winter with shorter sun time and diff angles due to the earths rotation.
if anyone wants a look here are the tech specs...
http://www.freewatt.com/Support/SupportDocs/freewatt_hyrdonic_techspec.pdf
Just thinking about this subject and looking over the specs. The Freewatt is basically a very efficient 1.2KW gas fired generator that is only capable of 12,000 BTUs of heating capacity. If you need more heat than that, you are going to be running another boiler. Similarly, if you need more than 1200 watts to your home, you are going to be buying it from the utility. I think this might cover maybe 1/2 of my typical monthly electricity consumption and maybe 1/4 of what my stove is capable of putting out (a guess). Just doesn't sound justifiable, especially for $25k, unless I am missing something.
Since math was never my strong subject, let me throw a few numbers out there and see if they make sense. From FW's spec page, it burns 18,500 BTUs of gas to make 12,000 BTUs of heat. That's 65% efficient. OK, I believe that; an IC engine is supposed to be 20-30% efficient at best. If it were a 95% efficient boiler, it would take 12,600 BTUs to do the same work, but you are generating 1200 watts of electricity at the same time. Using $1.50/therm and $0.15/KWH as reasonable fuel costs, it would burn 5900 BTUs additional gas or 0.059 therms costing you 8.85 cents to generate 1200 watts that ordinarily would cost you 18 cents to buy from the utility. So, you are saving 9.15 cents for every hour it operates. Right? Multiply it out and assume it runs continuously from Oct to Apr and you get an annual fuel savings of about $460. A $20k investment in this generator would take about 43 years to break even at todays energy costs not counting the maintenance on an internal combustion engine. Am I missing something here?
I think I'd stick with one of the new modulating condensing boilers for now if I needed to upgrade. That'll get you 90%+ efficiency on the heat and take your licks on the electricity. If your BIL's boiler is only 4-5 years old, he isn't going to save much, unless oil shoots back up to $4/gal again. FWIW, NG isn't dropping off nearly like oil is right now. It seems to me that there is really no ground breaking technology going on with the Freewatt. I'm sure there is a proprietary controller, but it is basically an overdesigned liquid cooled generator and a grid tied inverter. Granted, it has a closed loop fuel system and a catcon, but still...
Much as I admire Honda's engineering, I don't think it will ever pay for itself before it wears out. 43 years makes solar PV look more attractive, even in a less than perfect setup in New England!
Comments?
Chris