User report

## [1] 15167.731  3444.235  2804.116

## [1] 2275.160  645.794 2804.116

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##  Heating_Control     Heat_Pump         Attic_Insulation   Wall_Insulation   
##  Length:4           Length:4           Length:4           Length:4          
##  Class :character   Class :character   Class :character   Class :character  
##  Mode  :character   Mode  :character   Mode  :character   Mode  :character  
##                                                                             
##                                                                             
##                                                                             
##  PV_Solar_Panel     Heating_Solar_Panel Primary_Cost_euro  Secondary_Cost_euro
##  Length:4           Length:4            Length:4           Length:4           
##  Class :character   Class :character    Class :character   Class :character   
##  Mode  :character   Mode  :character    Mode  :character   Mode  :character   
##                                                                               
##                                                                               
##                                                                               
##  L&A_Cost_euro      Primary_Carbon_Cost Secondary_Carbon_Cost
##  Length:4           Length:4            Length:4             
##  Class :character   Class :character    Class :character     
##  Mode  :character   Mode  :character    Mode  :character     
##                                                              
##                                                              
##                                                              
##  L&A_Carbon_Cost      euro_cost1     euro_cost2     euro_cost_LA  
##  Length:4           Min.   :1162   Min.   :261.0   Min.   : 36.0  
##  Class :character   1st Qu.:1310   1st Qu.:261.0   1st Qu.:167.2  
##  Mode  :character   Median :1672   Median :340.5   Median :418.5  
##                     Mean   :1684   Mean   :356.0   Mean   :394.8  
##                     3rd Qu.:2046   3rd Qu.:435.5   3rd Qu.:646.0  
##                     Max.   :2229   Max.   :482.0   Max.   :706.0  
##  Total_Euro_Cost  carbon_cost1   carbon_cost2    Carbon_cost_LA 
##  Min.   :1459    Min.   :1613   Min.   : 686.0   Min.   : 48.0  
##  1st Qu.:1739    1st Qu.:1819   1st Qu.: 686.0   1st Qu.:220.5  
##  Median :2432    Median :2322   Median : 894.5   Median :551.5  
##  Mean   :2435    Mean   :2338   Mean   : 935.2   Mean   :520.2  
##  3rd Qu.:3128    3rd Qu.:2840   3rd Qu.:1143.8   3rd Qu.:851.2  
##  Max.   :3417    Max.   :3094   Max.   :1266.0   Max.   :930.0  
##  Total_Carbon_Cost Heating_Control_Expense Heat_Pump_Expense
##  Min.   :2347      Min.   :   0            Min.   :0        
##  1st Qu.:2726      1st Qu.:   0            1st Qu.:0        
##  Median :3768      Median : 750            Median :0        
##  Mean   :3793      Mean   : 750            Mean   :0        
##  3rd Qu.:4835      3rd Qu.:1500            3rd Qu.:0        
##  Max.   :5290      Max.   :1500            Max.   :0        
##  Wall_Insulation_Expense Attic_Insulation_Expense PV_Solar_Panel_Expense
##  Min.   :   0.0          Min.   :  0.0            Min.   :   0          
##  1st Qu.:   0.0          1st Qu.:620.5            1st Qu.:   0          
##  Median : 959.8          Median :827.3            Median :1250          
##  Mean   : 959.8          Mean   :620.5            Mean   :2500          
##  3rd Qu.:1919.6          3rd Qu.:827.3            3rd Qu.:3750          
##  Max.   :1919.6          Max.   :827.3            Max.   :7500          
##  Heating_Solar_Panel_Expense Total_Expense     Heating_Control_Grant
##  Min.   :   0                Min.   :    0.0   Min.   :  0          
##  1st Qu.:   0                1st Qu.:  620.5   1st Qu.:  0          
##  Median :   0                Median : 3787.1   Median :350          
##  Mean   : 875                Mean   : 5705.3   Mean   :350          
##  3rd Qu.: 875                3rd Qu.: 8871.9   3rd Qu.:700          
##  Max.   :3500                Max.   :15246.9   Max.   :700          
##  Heat_Pump_Grant PV_Solar_Panel_Grant Heating_Solar_Panel_Grant
##  Min.   :0       Min.   :   0         Min.   :   0             
##  1st Qu.:0       1st Qu.:   0         1st Qu.:   0             
##  Median :0       Median : 450         Median :   0             
##  Mean   :0       Mean   : 750         Mean   : 300             
##  3rd Qu.:0       3rd Qu.:1200         3rd Qu.: 300             
##  Max.   :0       Max.   :2100         Max.   :1200             
##  Wall_Insulation_Grant Attic_Insulation_Grant  Total_Grant     Net_Expenditure
##  Min.   :  0           Min.   :  0.0          Min.   :   0.0   Min.   :   0   
##  1st Qu.:  0           1st Qu.:620.5          1st Qu.: 620.5   1st Qu.:   0   
##  Median :400           Median :827.3          Median :2027.3   Median :1760   
##  Mean   :400           Mean   :620.5          Mean   :2420.5   Mean   :3285   
##  3rd Qu.:800           3rd Qu.:827.3          3rd Qu.:3827.3   3rd Qu.:5045   
##  Max.   :800           Max.   :827.3          Max.   :5627.3   Max.   :9620   
##  Relative_Expenditure Relative_Euro_Savings Relative_Carbon_Savings
##  Min.   :   0         Min.   :   0.0        Min.   :   0.0         
##  1st Qu.:   0         1st Qu.: 289.5        1st Qu.: 455.2         
##  Median :1760         Median : 985.5        Median :1522.5         
##  Mean   :3285         Mean   : 982.2        Mean   :1497.0         
##  3rd Qu.:5045         3rd Qu.:1678.2        3rd Qu.:2564.2         
##  Max.   :9620         Max.   :1958.0        Max.   :2943.0         
##    scenario        
##  Length:4          
##  Class :character  
##  Mode  :character  
##                    
##                    
##

Introduction

This tool looks at every possible domestic upgrade for your house and picks the best 3 options for you. With this tool you will conveniently find the best way to save money, increase your comfort in your home and help save our environment.

Every domestic upgrade offered here has a grant available for you at the SEAI’s One Stop Shop Service. The One Stop Shop is a domestic grant aid service that acts a sole supplier you can receive any one of these options from.

Below you will find 3 options

option 1: The fastest financial payback
option 2: The best long term investment
option 3: The greatest environmental impact

Each option will walk you through all the information you need to make the best decision for you.

Option 1: Fastest financial payback

This option shows the domestic upgrade that will make its money back the quickest. This will be the safest, low investment but impactful retrofit you can make.

——Recommended Retrofits——

Heat controls - None
Heat Pump - None
Attic Insulation - Yes
Wall Insulation - None
PV Solar Panels - None
Thermal Solar Panels - None

——Outcomes——

Initial investment in euros needed - 0
Euro savings per year - 386—— KG of Co2 saved per year - 607
Euro Payback after 10 years - 3860 ——KG of Co2 saved after 10 years - 6070
Euro Payback after 15 years - 5790 ——KG of Co2 saved after 15 years - 9105
Euro Payback after 20 years - 7720 ——KG of Co2 saved after 20 years - 1.214\times 10^{4}
Years for retrofit to payback - 0

——Payback Graph——

This graph conveys the financial impact of this option.

The vertical axis is cost in euros
The horizontal axis shows time in years
The green line is the cumulative savings in Euros
the red line is the initial investment in Euros
The point the two lines intersect is the point of payback

plot(break_even_plot)

Option 2: Best long term investment

This option shows the domestic upgrade that will make you the most money in 10 years. This will require a larger investment but will end up being the best long term investment.

——Recommended Retrofits——

Heat controls - Yes
Heat Pump - None
Attic Insulation - Yes
Wall Insulation - Cavity Insulation
PV Solar Panels - 1KWP
Thermal Solar Panels - None

——Outcomes——

-Initial investment in euros needed - 3519.5595774

Euro savings per year - 1585 ——KG of Co2 saved per year - 2438

-Euro Payback after 10 years - 1.233044\times 10^{4} ——KG of Co2 saved after 10 years - 2.438\times 10^{4}

Euro Payback after 15 years - 2.025544\times 10^{4} ——KG of Co2 saved after 15 years - 3.657\times 10^{4}
Euro Payback after 20 years - 2.818044\times 10^{4} ——KG of Co2 saved after 20 years - 4.876\times 10^{4}
Years for retrofit to payback - 2.2205423 ——Payback Graph——

This graph conveys the financial impact of this option.

The vertical axis is cost in euros
The horizontal axis shows time in years
The green line is the cumulative savings in Euros
the red line is the initial investment in Euros
The point the two lines intersect is the point of payback

plot(best_returns_plot)

Option 3: Greatest environmental impact

This option shows the domestic upgrade that will cut down your Co2 emissions the most. While this option will make you money in the long run, its focus is still on having the best impact on our environment.

——Recommended Retrofits——

Heat controls - Yes
Heat Pump - None
Attic Insulation - Yes
Wall Insulation - Cavity Insulation
PV Solar Panels - 3KWP
Thermal Solar Panels - Yes

——Outcomes——

Initial investment in euros needed - 9619.5595774
Euro savings per year - 1958 ——KG of Co2 saved per year - 2943
Euro Payback after 10 years - 9960.4404226 ——KG of Co2 saved after 10 years - 2.943\times 10^{4}
Euro Payback after 15 years - 1.975044\times 10^{4} ——KG of Co2 saved after 15 years - 4.4145\times 10^{4}
Euro Payback after 20 years - 2.954044\times 10^{4} ——KG of Co2 saved after 20 years - 5.886\times 10^{4}
Years for retrofit to payback - 4.9129518

——Payback Graph——

This graph conveys the financial impact of this option . - The vertical axis is cost in euros

The horizontal axis shows time in years
The green line is the cumulative savings in Euros
the red line is the initial investment in Euros
The point the two lines intersect is the point of payback

plot(eco_plot)

Summary

This section graphically displays the 3 option above side by side.

——Comparison of initial investment——

This bar chart compares the initial investment needed for each option.

plot(Initial_Investment_plot)

——Comparison 10 year payback——

This bar chart compares the financial 10 year payback of each option.

plot(Ten_Year_Payback_comparison_plot)

——Comparison of Co2 saved over 10 ears ——-

This bar chart compares the 10 year Co2 emissions of each option.

plot(carbon_comparison_plot)

——- where to from here——

To carry out your chosen domestic upgrade click the link below to go to the One Stop Shop website. From there you can contact your nearest One Stop Shop registered provider.

https://www.seai.ie/grants/home-energy-grants/one-stop-shop/registered-providers/

User report

2024-04-14

R Markdown

Introduction

Option 1: Fastest financial payback

Option 2: Best long term investment

Option 3: Greatest environmental impact

Summary