A machine shop has a 500-m 2 metal frame roof that is uninsulated. Determine the payback period

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A machine shop has a 500-m2 metal frame roof that is uninsulated. Determine the payback period of adding insulation (R = 2.0 °C·m2/W). The building is electrically heated. The cost of electricity is $0.07/kWh. The machine shop is located in Paris (Le Bourget, France) and operates 24 hours/day, 7 days/week throughout the heating season. Assume that the installed cost of the insulation is $15/m2.

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