COST, BENEFITS AND ENVIRONMENTAL IMPACT

PROJECTED COST:While it is impossible for us at EddyTech Innovations to give an accurate price a manufacturer may charge for the final unit. We estimate that a standard residential sized unit should cost with installation, around $15,000.00 not including any monitoring fees that may be added.
This was based on material cost researched in 2024 and projected production cost using industry wide manufacturing techniques in current use today.
By taking the total cost of residential electricity in 2024, dividing that by the number of households the average cost was $3,816.22 per year on electricity, over five years, this amounts to $19,081.10, setting a break-even point for buyers. If the manufacture does sell the unit at $15,000.00 then a home owner that made an outright purchase would break even in 55 months of not paying an electricity bill.
There is also better news as well, both State and Federal Government offers grants, subsidies and tax relief programs that can great offset the cost as well.
Financial institutions take things like projected electrical bills into account when calculating a borrowers eligibility to repay a loan. So, loans to purchase a unit should go by a different standard and it has been proposed that a borrowers monthly payment should be no more than 2/3 their monthly electrical bill. Whether this could be accomplished remains to be seen, however, it is clear that financial institutions and other lenders, should have no issues making a loan for this purpose.

BENEFITS:

For persons that convert their residence to all electric appliances and eliminates any gas service, this will also offset the cost as well.
For persons with high heating cost, this system could easily be adapted to heat a residence by installing a radiator type heater in the home, very similar to an automotive heater that uses excess heat from the radiator to heat the inside of the car. Simply replace the heating core with a radiator and plumb the line into the condenser of the unit.
Hot water can also be produced this way as well though admittedly, it would take designing a new style of water heater with a heat exchange coil inside to heat the water and the first such units would be expensive. There would be a lot of added benefits, such as faster recovery time and zero operations cost.

ENVIRONMENTAL IMPACT:

The Environmental Impact of this technology cannot be overstated the projected Energy Return on Investment (EROI) one system pays back its embodied energy (energy used during manufacturing) within 12-18 months of operation, after which it operates as a net positive energy generator for decades.CO2 Reduction Impact
Residential Units:
Replacing grid electricity with this system in one household reduces CO2 emissions by approximately 7 metric tons per year (based on the U.S. grid average of 0.65 kg CO2 per kWh). If deployed in 1 million homes, the system could reduce CO2 emissions by 7 million metric tons annually, equivalent to taking 1.5 million cars off the road.Commercial Units:
A single unit powering a large commercial facility (e.g., a Wal-Mart supercenter) could reduce emissions by 50,000 metric tons annually, depending on the facility's energy use. Nationwide deployment across commercial facilities could result in millions of metric tons of CO2 reduction annually.
If deployed across 10 million homes and 1 million commercial facilities, the system could potentially: Offset up to 100 million metric tons of CO2 emissions annually, making a significant contribution to global climate goals.
Reduce demand on fossil fuel plants, decreasing air pollution and improving public health.

U.S. ENERGY CONSUMPTION BY SECTOR (2023)

In 2023, the United States' total primary energy consumption was approximately 93.59 quadrillion British thermal units (quads). The distribution across different sectors was as follows:
Electric Power Sector: 32.11 quads
Transportation: 27.94 quads
Industrial: 22.56 quads
Residential: 6.33 quads
Commercial: 4.65 quads
Source: U.S. Energy Information Administration (EIA)
ENERGY INFORMATION ADMINISTRATIONENERGY CONSUMPTION BREAKDOWN
Electric Power Sector
This sector consumed 32.11 quads in 2023, accounting for the largest share of U.S. energy consumption. It includes energy used for electricity generation supplied to residential, commercial, industrial, and transportation sectors.Transportation
The transportation sector used 27.94 quads in 2023, primarily for vehicles, aircraft, trains, and ships. Petroleum products are the dominant energy source in this sector.
Industrial
With 22.56 quads consumed in 2023, the industrial sector encompasses manufacturing, agriculture, mining, and construction. It utilizes a mix of energy sources, including natural gas, petroleum, and electricity.Residential
The residential sector accounted for 6.33 quads in 2023, covering energy used in homes for heating, cooling, appliances, lighting, and water heating.Commercial
Consuming 4.65 quads in 2023, the commercial sector includes energy usage in offices, malls, schools, hospitals, hotels, warehouses, restaurants, and places of worship.Potential Impact of this System
Given the scalability of this system, from mid-sized cars to massive industrial complexes, it has the potential to significantly reduce energy consumption and associated CO₂ emissions across all these sectors.
Automotive and Commercial Motor Transports: The transportation sector consumed 27.94 quads in 2023. Implementing this system in vehicles could substantially decrease petroleum dependence and emissions.
Industrial and Commercial Complexes: The combined industrial and commercial sectors consumed 27.21 quads in 2023. This system could enhance energy efficiency and sustainability in these sectors.
Residential Applications: With 6.33 quads consumed in 2023, residential adoption of this system could lead to significant energy savings for households.
Source: U.S. Energy Information Administration (EIA)
ENERGY INFORMATION ADMINISTRATIONTransportation Energy Consumption (2023)Total U.S. transportation sector energy consumption: 27.94 quads.
Light-duty vehicles (cars and SUVs): _{58% of transportation energy (}16.2 quads).
Medium/heavy trucks (semi-trucks): _{23% of transportation energy (}6.4 quads).
Buses, trains, and other delivery vehicles: _{19% of transportation energy (}5.3 quads).Conversion To Electric
75% of all cars: Reduces ~12.15 quads.
95% of all semi-trucks: Reduces ~6.08 quads.
100% of all buses, trains, and delivery vehicles: Reduces ~5.3 quads.
Total energy reduction: ~23.53 quads, or 84% of transportation energy consumption.Environmental Impact
CO₂ Emissions from the Transportation Sector:
Transportation accounted for 1.7 billion metric tons of CO₂ emissions in 2023 (29% of total U.S. CO₂ emissions).
Emissions reductions:
Light-duty vehicles: _{58% of transportation emissions (}986 million metric tons).
Medium/heavy trucks: _{23% (}391 million metric tons).
Buses, trains, and delivery vehicles: _{19% (}323 million metric tons).
By converting:
75% of cars: Reduces ~739.5 million metric tons of CO₂.
95% of semi-trucks: Reduces ~371.45 million metric tons of CO₂.
100% of buses, trains, and delivery vehicles: Reduces ~323 million metric tons of CO₂.
Total CO₂ reduction: ~1.43 billion metric tons annually, nearly eliminating transportation emissions.Energy Savings
By eliminating ICE inefficiencies and transitioning to electric power:
ICE engines have an efficiency of ~20-30%, while electric motors achieve ~85-90%.
Transitioning to electric would effectively save ~50-70% of energy wasted in ICE engines, meaning the U.S. could need only 8-10 quads to power the transportation sector post-conversion.Economic Impact
Cost Savings for Consumers:
Average fuel cost for ICE vehicles: ~$2,000/year per vehicle.
Electric systems powered by your units could reduce this by ~75% (to ~$500/year).
For 276 million vehicles in the U.S., this represents a $414 billion annual savings for consumers.
Light-duty vehicles: Automakers are already shifting to EVs, this system could accelerate adoption by eliminating reliance on centralized charging infrastructure.
Semi-trucks and delivery vehicles: Companies like Tesla (Semi), Daimler, and others are leading electric truck production, but they face challenges with battery range and charging this system could solve these issues.
Buses and trains: These are ideal candidates for immediate conversion due to their centralized operation and predictable routes.
If this system were implemented:
Energy savings: ~23.53 quads annually (equivalent to 84% of transportation energy use).
CO₂ reduction: ~1.43 billion metric tons annually (83% of transportation emissions).
Economic savings: ~$414 billion annually for U.S. consumers.
Job creation: Tens or hundreds of thousands of new clean energy jobs.
Feasibility: 6-7 Years