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Electric Boilers. Meeting Agenda Why Electric Boilers??? Rising / unstable fossil fuel prices Rising / unstable fossil fuel prices Low / stable electric

Mar 31, 2015

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Electric Boilers Slide 2 Meeting Agenda Why Electric Boilers??? Rising / unstable fossil fuel prices Rising / unstable fossil fuel prices Low / stable electric rates Low / stable electric rates Save money on monthly heating bills Save money on monthly heating bills Save money on boiler installation Save money on boiler installation New construction opportunities New construction opportunities Retrofit market opportunities Retrofit market opportunities Slide 3 Meeting Agenda Thermolec Boilers Features: FFB and TMB models Features: FFB and TMB models Installation Installation Sequence of Operations Sequence of Operations Slide 4 EP Sales and Thermolec on the Web: www.epsalesinc.com/thermolec Slide 5 Why Electric Heat ? Electric heat can reduce your customers heating bills by up to 50%! Electric heat can reduce your customers heating bills by up to 50%! Electric boiler total installed cost is up to 50% less than Mod/Con gas boiler! Electric boiler total installed cost is up to 50% less than Mod/Con gas boiler! Monthly savings from electric vs. gas heat can pay for electric boiler retrofit in less than two years!! Monthly savings from electric vs. gas heat can pay for electric boiler retrofit in less than two years!! Uses Domestically Produced Energy!!! Uses Domestically Produced Energy!!! Slide 6 What is Happening with Energy Prices? Electric Boilers Slide 7 What is Happening with Energy Prices? Electric Boilers Slide 8 How Do We Compare Energy Prices? Electric Boilers Slide 9 Get to Know Your Local Rural Electric Coops and Utility Company Programs Slide 10 Electric Boilers Slide 11 Slide 12 Slide 13 Slide 14 Slide 15 Slide 16 How Do We Compare Propane Rates vs. Electric Rates? Slide 17 Electric Boilers Compare Propane to Electric Cost Per Million BTUs Slide 18 Electric Boilers Propane Company Location Current Price per Gallon AmerigasMcCall$2.62 Suburban Propane Twin Falls $2.90 Suburban Propane Boise$3.30 Elko, NV $3.32 V-1 Propane McCall$2.59 AVERAGE PRICE $2.94 Current Propane Rates Slide 19 Propane : Cost comparison Current average propane cost = $2.94 per gallon Current average propane cost = $2.94 per gallon $2.94 per gallon with a 90% efficient device = $35.70 per million BTU $2.94 per gallon with a 90% efficient device = $35.70 per million BTU Inland Power Electric Rate = $.0575 per kW Inland Power Electric Rate = $.0575 per kW $.072 per kW = $16.85 per million BTU $.072 per kW = $16.85 per million BTU Using the Cost per Million Btu sheet to sell the concept Slide 20 Electric Boilers Compare Annual Heating Bills Propane vs Electric Assume 1,500 SF ranch home with full basement. 3,000 SF total heated space Assume 1,500 SF ranch home with full basement. 3,000 SF total heated space Assume 1500 gallons of propane per heating season Assume 1500 gallons of propane per heating season Assume $2.94 per gallon and $.0575 per kW Assume $2.94 per gallon and $.0575 per kW Slide 21 Electric Boilers Compare Annual Heating Bills Electric vs. Propane 1500 gallons X 91,500 btu per gallon of propane = 137,250,000 btus 1500 gallons X 91,500 btu per gallon of propane = 137,250,000 btus 137,250,000 btus X 90% = 123,525,000 btu output with propane 137,250,000 btus X 90% = 123,525,000 btu output with propane 123,525,000 3,413 btu per kW = 36,192 kW 123,525,000 3,413 btu per kW = 36,192 kW Slide 22 Electric Boilers Estimated Annual Savings Heating with Electric vs. Propane 1500 gallons X $2.94 per gallon of propane = $4,410 cost of heat 1500 gallons X $2.94 per gallon of propane = $4,410 cost of heat 36,192 kW X $.0575 per kW = $2,081 cost of heat 36,192 kW X $.0575 per kW = $2,081 cost of heat $4,410 - $2,081 = $2,329 annual savings! $4,410 - $2,081 = $2,329 annual savings! 52.8% annual savings! 52.8% annual savings! Slide 23 Electric Boilers Why Electric Heat ? Reduce winter heating bills by Switching to Electric!!!! Reduce winter heating bills by Switching to Electric!!!! Slide 24 Electric Boilers Why Electric Heat ? Retrofit Market Opportunity Retrofit Market Opportunity Existing propane boiler, whole house HW or radiant floor system Existing propane boiler, whole house HW or radiant floor system Retrofit to electric to take advantage of low electric rates from Electric Coop Retrofit to electric to take advantage of low electric rates from Electric Coop Slide 25 Why Electric Heat ? Electric Boilers Slide 26 Slide 27 Why Electric Heat ? Retrofit Market Opportunity Assume $2,500 total installed cost of electric boiler Assume $2,500 total installed cost of electric boiler Electric comparison save $2,081 on heating bills Electric comparison save $2,081 on heating bills Retrofit boiler installation with existing propane boiler, payback in less than 2 years! Retrofit boiler installation with existing propane boiler, payback in less than 2 years! Slide 28 Electric Boilers Why Electric Heat ? Reduce annual heating bills Reduce annual heating bills ..Also.. ..Also.. Reduce total installed cost of boiler system Reduce total installed cost of boiler system Slide 29 Electric Boiler vs. Gas Boiler Installation / Material Cost Comparison 34,000 btu radiant floor heating system Fossil fuel boiler requires venting and gas piping Slide 30 Electric Boilers Why Electric Heat ? New Construction: Reduce Boiler System Total Installed Cost New Construction: Reduce Boiler System Total Installed Cost New construction - radiant in basement, 34,000 btu load: New construction - radiant in basement, 34,000 btu load: Electric boiler: 10 kW $1,022 Electric boiler: 10 kW $1,022 Mod/Con gas boiler: 50,000 btu input $_______ Mod/Con gas boiler: 50,000 btu input $_______ Add for gas boiler installation: Add for gas boiler installation: Gas piping, Venting Gas piping, Venting Slide 31 Why Electric Heat ? Electric Boilers Slide 32 Why Electric Heat ? Electric Boilers Slide 33 Why Electric Heat ? New construction - radiant in basement: New construction - radiant in basement: Electric boiler: 34,000 btu output (10 kW) $1,022 Electric boiler: 34,000 btu output (10 kW) $1,022 Mod/Con gas boiler: 50,000 btu input $2,500 and up Mod/Con gas boiler: 50,000 btu input $2,500 and up Add for gas boiler installation: Add for gas boiler installation: Gas piping: Add??? Gas piping: Add??? Venting: Add??? Venting: Add??? Electric boiler is up to 50% lower total installed cost vs. Mod/Con gas boiler! Electric boiler is up to 50% lower total installed cost vs. Mod/Con gas boiler! Slide 34 Electric Boilers Why Electric Heat ? Convenience Convenience Supplement geothermal Supplement geothermal Supplement solar Supplement solar Small radiant jobs Small radiant jobs Projects that have venting issues, gas piping issues, etc. Projects that have venting issues, gas piping issues, etc. Slide 35 Why Electric Heat ? Electric Boilers Slide 36 Slide 37 Slide 38 Slide 39 Slide 40 Slide 41 FFB Model New Features One boiler for all applications with updated features:One boiler for all applications with updated features: 190F maximum supply water temp190F maximum supply water temp Manual reset high limit sensor on tankManual reset high limit sensor on tank Solid state relay on first element, DC relays on other elements (exception 5.75 elements have SSRs)Solid state relay on first element, DC relays on other elements (exception 5.75 elements have SSRs) Reduced priceReduced price Electric Boilers Slide 42 TMB Model TMB Boiler Features Available in 3, 6, 9, 11kW sizesAvailable in 3, 6, 9, 11kW sizes More compact, lighter weightMore compact, lighter weight Same standard features as the FFBSame standard features as the FFB First two element relays built on to control boardFirst two element relays built on to control board Less expensive than the FFBLess expensive than the FFB Electric Boilers Slide 43 FFB Model available from 5 kW through 40 kW FFB Model available from 5 kW through 40 kW 17,000 to 136,500 BTU output 17,000 to 136,500 BTU output Single phase and Single phase and three phase three phase Boilers are CSA Listed Boilers are CSA Listed Not ASME listed Not ASME listed Slide 44 Compact housing Compact housing 5 kW 23 kW: 5 kW 23 kW: 18 x 18 x 9-1/2 18 x 18 x 9-1/2 42 pounds 42 pounds 27 kW 40 kW: 27 kW 40 kW: 28 x 18 x 9-1/2 28 x 18 x 9-1/2 62 pounds 62 pounds Electric Boilers Slide 45 Stainless Steel Tank Stainless Steel Tank Corrosion resistant Corrosion resistant Supply Water Connection Supply Water Connection Return Water Connection Return Water Connection Conveniently located Conveniently located Slide 46 Electric Boilers Nickel Chrome low watt density element in Incoloy tube Nickel Chrome low watt density element in Incoloy tube From 1 to 4 elements depending boiler model From 1 to 4 elements depending boiler model Slide 47 Electric Boilers Pressure / Temp Gauge and Pressure Relief Valve come with boiler Pressure / Temp Gauge and Pressure Relief Valve come with boiler Gauge installs on boiler tankGauge installs on boiler tank Slide 48 Electric Boilers Circuit breakersCircuit breakers Easy isolation for service Easy isolation for service Slide 49 Electric Boilers High Limit Sensor High Limit Sensor Now manual reset Now manual reset Backup Contactor Backup Contactor Double break contactor, cuts power to elements Double break contactor, cuts power to elements Prevents boiler from overheating Prevents boiler from overheating Slide 50 Electric Boilers Transformer with fuse protection Transformer with fuse protection 240/24VAC 240/24VAC Powers control voltage Powers control voltage Pump relayPump relay Switches pump on with call Switches pump on with call for heat (dry contact) for heat (dry contact) Slide 51 Electric Boilers Electronic control board with aquastat Electronic control board with aquastat Supply water temperature sensor Supply water temperature sensor Solid state relays Solid state relays Controls all boiler functions Controls all boiler functions including pump operation, supp