Chapter 3: Problem 91
Consider a \(1.5\)-m-high electric hot-water heater that has a diameter of $40 \mathrm{~cm}\( and maintains the hot water at \)60^{\circ} \mathrm{C}$. The tank is located in a small room whose average temperature is $27^{\circ} \mathrm{C}$, and the heat transfer coefficients on the inner and outer surfaces of the heater are 50 and $12 \mathrm{~W} / \mathrm{m}^{2} \cdot \mathrm{K}$, respectively. The tank is placed in another \(46-\mathrm{cm}\)-diameter sheet metal tank of negligible thickness, and the space between the two tanks is filled with foam insulation $(k=0.03 \mathrm{~W} / \mathrm{m} \cdot \mathrm{K})$. The thermal resistances of the water tank and the outer thin sheet metal shell are very small and can be neglected. The price of electricity is \(\$ 0.08 / \mathrm{kWh}\), and the homeowner pays \(\$ 280\) a year for water heating. Determine the fraction of the hot-water energy cost of this household that is due to the heat loss from the tank. Hot-water tank insulation kits consisting of 3 -cm-thick fiberglass insulation \((k=0.035 \mathrm{~W} / \mathrm{m} \cdot \mathrm{K})\) large enough to wrap the entire tank are available in the market for about \(\$ 30\). If such an insulation is installed on this water tank by the homeowner himself, how long will it take for this additional insulation to pay for itself?