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SMARTELEMENT™ COST SAVINGS CALCULATOR

1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

Calculate the initial cost to purchase and install the SmartElement in all of your units:

Purchase price, 4-burner SmartElement (STE) per stove

Average install cost, per 4-burner install

Please select $0 if you plan to be trained and install the units yourself.

$0 $65 $75

Total Number of Units

Initial Investment: $(0) Next
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary
1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

Select the average unit restoration cost from property damage caused by fire/sprinkler systems:

$1,000 $2,000 $5,000 $10,000 $20,000

Average number of units damaged per year

Restoration Costs: $0 Next
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary
1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

Rental and other costs (i.e. moving, food subsidy) to house tenants during the restoration of the tenant's unit. Also includes loss of rental income during the restoration process:

Average monthly subsidy

$600 $800 $1,000

Average monthly lost rent

$600 $800 $1,000

Average # units displaced per year

Average # of months displaced

Restoration Costs: $0 Next
4 nuisance fire alarms
5 electricity costs
6 Savings Summary
1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

In certain jurisdictions, fire departments will charge a fee for every response that is subsequently deemed to be a false alarm. These are often referred to as "nuisance alarms" by fire officials. The STE product will help eliminate these costs.

Cost per nuisance alarm

Average number of nuisance alarms per year

nuisance fire alarms: $0 Next
5 electricity costs
6 Savings Summary
1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

The SMARTElement™ is engineered to reduce energy use (through temperature limiting control (TLC) technology™) providing an effective energy efficient upgrade to stoves.

Enter your electricity rate (per kWh)

incl. distribution costs for peak hours, which is when most cooking occurs

$0.12 $0.15 $0.20

# of units

2

kWh per unit/mo.

49.6

Total kWh/Yr.

595.2

%STE Savings (CSA)

63%

Annual Savings kWh

374.976

Electricity Rate $/kWh

$0.00

Annual Savings/Unit

$0.00

Electricity Savings/Unit: $0 Next
6 Savings Summary
1 Initial Investment
2 restoration costs
3 relocation & lost rent
4 nuisance fire alarms
5 electricity costs
6 Savings Summary

Yearly Savings

In 1 year

Simple Payback

{ ENTER PERCENTAGE FORMULA } %

Internal Rate of Return Over 8 Years

Initial Investment:

Restoration Costs:

Relocation & Lost Rent:

Nuisance Fire Alarms:

Electricity Savings/Unit:

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    Pioneering Technology logo 2785 Skymark Ave Unit 13,
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    Toll-Free US & Canada 1-800-433-6026 Direct Line 1-905-712-2061 Customer Service Email info@pioneeringtech.com Technical Support Email support@pioneeringtech.com Sales Tim Mulroney, Vice President, Sales
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    sales@pioneeringtech.com
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    (647)945-7520
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