Home heating accounts for approximately one-third of energy consumption in a typical U.S. household. Despite soaring prices
Question:
Home heating accounts for approximately one-third of energy consumption in a typical U.S. household. Despite soaring prices of oil, coal, and natural gas, one can make his/her winter heating bill noninflationary by installing an ultraconvenient corn burning stove that costs in the neighborhood of $2,400. That’s right—a small radiant-heating stove that burns corn and adds practically nothing to global warming or air pollution can be obtained through www.magnumfireplace.com. Its estimated annual savings per household in fuel is $300 in a regular U.S. farming community. Conduct research on this means of home heating by accessing the above Web site. Do the annual savings you determine in your locale for a 2,000-square foot ranch-style house more than offset the cost of installing and maintaining a corn-burning stove? What other factors besides dollars might influence your decision to use corn for your home heating requirements? Be specific with your suggestions.
Step by Step Answer:
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling