IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v280y2023ics0360544223015785.html
   My bibliography  Save this article

Economic analysis of heat pump exploitation – A case study

Author

Listed:
  • Kijo-Kleczkowska, Agnieszka
  • Bruś, Paweł
  • Więciorkowski, Grzegorz

Abstract

The main aim of the paper is the economic analysis and the assessment of the payback time of the heat pump cooperating with a photovoltaic installation in one of the single-family houses in Poland. The inhabitants consumed 11633 kWh of energy during the year. The heat pump consumed 64.23% of total energy used by inhabitants. The photovoltaic panels generated the electricity of 7728.9 kWh. Profitability of the investment was demonstrated based on analysis of its expenditure and operating costs. The payback time of a heat pump including various financing sources, such as: 100% of one's own contribution, loan for the installation of device using renewable energy sources, the subsidy “My Electricity” and the thermo-modernization allowance was analyzed. The analysis showed that the shortest payback time for this investment using “One's own contribution + subsidy My Electricity + thermo modernization relief” is 11 years and 6 months.

Suggested Citation

  • Kijo-Kleczkowska, Agnieszka & Bruś, Paweł & Więciorkowski, Grzegorz, 2023. "Economic analysis of heat pump exploitation – A case study," Energy, Elsevier, vol. 280(C).
    • Handle: RePEc:eee:energy:v:280:y:2023:i:c:s0360544223015785
    DOI: 10.1016/j.energy.2023.128184
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544223015785
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2023.128184?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Janis Kramens & Oskars Svedovs & Amanda Sturmane & Edgars Vigants & Vladimirs Kirsanovs & Dagnija Blumberga, 2024. "Exploring Energy Security and Independence for Small Energy Users: A Latvian Case Study on Unleashing Stirling Engine Potential," Sustainability, MDPI, vol. 16(3), pages 1-27, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:280:y:2023:i:c:s0360544223015785. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.