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A 2,200 ft2 home with a poorly insulated ceiling is in an area with an 10-month...

A 2,200 ft2 home with a poorly insulated ceiling is in an area with an 10-month heating season with an average outdoor temperature of 30 oF and an average indoor temperature of 80 oF.  

If the owner spends $1000 on insulation, the R-value of the ceiling can be raised from 15 to 40 (ft2-oF-hr/Btu). The house is heated at 9 cents/kWhr.

1.How much money would the owner expect to save each year?

2.How long until the energy savings pay for the cost of the insulation?

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