Question: 2 - 2 8 . According to the U . S . Department of the Interior, the amount of energy lost because of poorly insulated
According to the US Department of the Interior, the amount of energy lost because of poorly insulated homes is equivalent to million barrels of oil per day. In this is more oil than the United States imports from Saudi Arabia each day. If we were to insulate our homes as determined by Example we could eliminate our oil dependence on Saudi Arabia. If the cost of electricity increases to $ per and the cost of insulation quadruples, how much insulation should be chosen in Example
Chapter Cost Concepts And Design Economics
In view of these data, which amount of attic insulation is most economical? The life of the insulation is estimated to be years.
Solution
Set up a table to examine total lifecycle costs:
tableRR
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