Conducting techno-economic analyses of early-stage designs for net-zero water and energy affordable homes

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Abstract

Purpose: This study aims to provide and illustrate the application of a framework for conducting techno-economic analyses (TEA) of early-stage designs for net-zero water and energy, single-family homes that meet affordable housing criteria in diverse locations. Design/methodology/approach: The framework is developed and applied in a case example of a TEA of four designs for achieving net zero-water and energy in an affordable home in Saint Lucie County, Florida. Findings: Homes built and sold at current market prices, using combinations of well versus rainwater harvesting (RWH) systems and grid-tied versus hybrid solar photovoltaic (PV) systems, can meet affordable housing criteria for moderate-income families, when 30-year fixed-rate mortgages are at 2%–3%. As rates rise to 6%, unless battery costs drop by 40% and 60%, respectively, homes using hybrid solar PV systems combined with well versus RWH systems cease to meet affordable housing criteria. For studied water and electricity usage and 6% interest rates, only well and grid-tied solar PV systems provide water and electricity at costs below current public supply prices. Originality/value: This article provides a highly adaptable framework for conducting TEAs in diverse locations for designs of individual net-zero water and energy affordable homes and whole subdivisions of such homes. The framework includes a new technique for sizing storage tanks for residential RWH systems and provides a foundation for future research at the intersection of affordable housing development and residential net-zero water and energy systems design.

Original languageEnglish
Pages (from-to)498-516
Number of pages19
JournalInternational Journal of Housing Markets and Analysis
Volume17
Issue number2
DOIs
StatePublished - Feb 22 2024

ASJC Scopus Subject Areas

  • General Economics,Econometrics and Finance

Keywords

  • Affordable housing
  • Net-zero homes
  • Photovoltaics
  • Rainwater harvesting
  • Techno-economic analysis

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