A 68.01-hp motor that has an efficiency of 92.62% is soon to be absolete. It will be replaced by a high efficiency motor which is 97.93% efficient. The motor operates 4,485 hours a year. Taking the cost of electricity to be ₱9.05 per kWh, compute for the annual savings due to the installation of the high-efficiency motor instead of the standard motor. Round your answer into two decimal places only.

Electricity for Refrigeration, Heating, and Air Conditioning (MindTap Course List)
10th Edition
ISBN:9781337399128
Author:Russell E. Smith
Publisher:Russell E. Smith
Chapter2: Basic Electricity
Section: Chapter Questions
Problem 34RQ: What is the Btu/hour output of an electric heater rated at 15 kilowatts? a. 51.15 Btu/hour b. 51,150...
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A 68.01-hp motor that has an efficiency of 92.62% is soon to be absolete. It will be replaced by a high efficiency motor which is 97.93% efficient. The motor operates 4,485 hours a year. Taking the cost of electricity to be ₱9.05 per kWh, compute for the annual savings due to the installation of the high-efficiency motor instead of the standard motor. Round your answer into two decimal places only.

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