()

- COP of electric boiler = 3.75

-

( )
( )

(annual electricity consumption)

(annual cost of electricity)

days
(Annual hot water output) = 4500 kWh/day x 365
days = 1,642,500 kWh
( )

COP = Energy output/Energy input

(annual electricity consumption) = Annual hot water

output / COP
= 1,642,500 / 3.75
= 438,000 kWh
( )

)
x $5

= $ 2,190,000
Note :
COP = Coefficient of performance

(diesel price)