Research Article

Analysis of a Hybrid PV/Thermal Solar-Assisted Heat Pump System for Sports Center Water Heating Application

Table 7

Investment of the designed system.

System configuration
 ComponentHong KongParisLyonNice
 Collector area (m2)600600600600
 Heat pump heating capacity (kW)175270240220
 Power of auxiliary heater unit (kW)15155050
 Storage tank (m3)60606060
Cost (HK$)
 Solar collectors5.10E + 066.00E + 066.00E + 066.00E + 06
 Water tank4.02E + 052.40E + 062.40E + 062.40E + 06
 Auxiliary heater5.94E + 031.05E + 041.05E + 041.05E + 04
 Heat pump systems2.78E + 053.20E + 062.56E + 062.40E + 06
 Accessories5.38E + 059.20E + 058.56E + 058.40E + 05
 Transportation2.18E + 042.24E + 051.98E + 051.92E + 05
 Cost of Balance of system plus site installation and testing1.50E + 044.60E + 054.28E + 054.20E + 05
 Total investment6.36E + 061.32E + 071.25E + 071.23E + 07
 Tax reduction and governmental subvention (percentage of total investment)NA13%13%13%
 Energy saving (kWh)6.72E + 051.19E + 061.12E + 061.16E + 06
Payback period10.528.828.838.40