(no subject)
Jul. 10th, 2010 08:41 amOur hot water service has sprung a leak and we need a new one.
I may be over thinking this process, but I guess I'll be happier in the long run if I do it.
The best cheap option seems to be replacing my existing HWS directly, but then I definitely can't add on solar later. If I install an external HWS then solar is reasonably achievable and has a 10 year payback. Every other solar option has a 16 year payback. Solar panels need replacing after about 25 years.
I called both the Origin Energy shop and Reece for prices and estimated the plumbing costs based on my conversation with the Origin person and my own experience. The solar costs include a $1500 rebate from SV.
Running costs for the various options are from a report on the resourcesmart website. I assumed we use about 200L /day of hot water. It seems pretty reasonable when I check it against both our water usage (300L/day) and our gas bill over summer (cooking and hot water = $450/yr)
I may be over thinking this process, but I guess I'll be happier in the long run if I do it.
| Option | Pros | Cons |
| Internal hot water service in existing location $1800 $229 per year | Minimal plumbing changes Low cost | Fewer models to choose from Solar add on not possible |
| Install internal instantaneous HWS in existing location (with or without solar) $3030/$6500 $237/$36 per year Plus $4000 for simple hydronic | Minimal water plumbing Don’t run out of hot water Add on solar later is possible Less space is required Minimal plumbing changes Connect hydronic heating as well. | Fewer models to choose from Larger gas pipe required |
| Install external storage gas HWS – backyard (with or without solar) $1500/$3600 $229/$57 per year | Minimal gas piping costs Add on solar later is possible More space in laundry Minor hot water plumbing | Rejig plumbing – gas and hot water Valuable back yard |
| Install external gas instantaneous HWS n front yard space (with or without solar) $2200/$6500 $237/$36 per year Plus $4000 for simple hydronic | Install in low value space Close to gas meter- reduced gas piping cost. Close to new/masterplan kitchen sink location More space in laundry Connect hydronic heating as well. | Major hot water piping re-jig Need to remove heater in Rose’s bedroom. Would like to relocate sink at the same time Ugly view from kitchen window. |
| Install external storage gas HWS – front yard (with or without solar) $2000/$4600 $229/$57per year | Install in low value space Close to gas meter so piping cost is minor. Close to new/masterplan kitchen sink location More space in laundry | Major hot water piping re-jig Need to remove heater in Rose’s bedroom. Would like to relocate sink at the same time Uglier view from kitchen window. Unit footprint makes access difficult |
| Heat pump storage HWS $2800/$3300 for back/front installation $184 per year | No gas piping required | Uses tank Only install outside |
The best cheap option seems to be replacing my existing HWS directly, but then I definitely can't add on solar later. If I install an external HWS then solar is reasonably achievable and has a 10 year payback. Every other solar option has a 16 year payback. Solar panels need replacing after about 25 years.
I called both the Origin Energy shop and Reece for prices and estimated the plumbing costs based on my conversation with the Origin person and my own experience. The solar costs include a $1500 rebate from SV.
Running costs for the various options are from a report on the resourcesmart website. I assumed we use about 200L /day of hot water. It seems pretty reasonable when I check it against both our water usage (300L/day) and our gas bill over summer (cooking and hot water = $450/yr)
no subject
Date: 2010-07-10 07:45 am (UTC)no subject
Date: 2010-07-10 08:54 am (UTC)