Search the forum,

consumption

Consumption, defined as spending for acquisition of utility, is a major concept in economics and is also studied in many other social sciences. It is seen in contrast to investing, which is spending for acquisition of future income.Different schools of economists define consumption differently. According to mainstream economists, only the final purchase of newly produced goods and services by individuals for immediate use constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories (see Consumer choice). Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. the selection, adoption, use, disposal and recycling of goods and services).Economists are particularly interested in the relationship between consumption and income, as modelled with the consumption function. A similar realist structural view can be found in consumption theory, which views the Fisherian intertemporal choice framework as the real structure of the consumption function. Unlike the passive strategy of structure embodied in inductive structural realism, economists define structure in terms of its invariance under intervention.

View More On Wikipedia.org
  1. lollino

    Measuring Hot Water Consumption in Shared Recirculation System

    Hello everyone, I'm facing a rather complex situation and I need your expert advice. My neighbor and I share a boiler for hot water, and we have a single recirculation pump serving both of our homes. However, after the pump, the recirculation circuit splits into two separate branches, each...
  2. J

    Very high water consumption

    Hi everyone, I moved into a new build three bedroom, two bathroom bungalow about 2.5 years ago. Ever since we moved in there has been an issue with the water pressure. Toward the end of last year the pressure had got worse. For instance, you could not run another tap in the house if a...
  3. H

    Very high 75,000kw gas consumption - advice?

    Hi there, thanks for your time to look at this record long post!! I work on the operational management side or a small building contracting firm. This question is for my own house setup. We are really fortunate to have a large house, about 5,000sqft in total over 3 floors. It was built around...
  4. H

    Gas consumption too high 75,000kw per annum!

    Hi there, thanks for your time to look at this record long post!! I work on the operational management side or a small building contracting firm. This question is for my own house setup. We are really fortunate to have a large house, about 5,000sqft in total over 3 floors. It was built around...
  5. N

    Viessmann 100-W B1KA Fuel Consumption

    Hello, I have a Vitodens 100-W B1KA Combi boiler installed in a new build. In the first 4 months of use the boiler has burned on average 500 litres/month. Not sure what I was expecting but that seems high. Any dieas of what I can do to improve it? I've eliminated any ramping by keeping the zone...
  6. R

    Gas usage question - crazy high consumption

    My rented accommodation currently has no boiler control whatsoever: no timer or programmable unit. I need to control the heating at the boiler by either increasing or decreasing the flow temperature and turning it down low at night. I will be soon be fitting a smart control system (such as a...
  7. MikeJhn

    Oil consumption meter

    Any one have any experience at the cheaper end of the market, can't seem to find one below £100.00, would be nice to have a total flow over a period and current consumption, or am I asking too much?
  8. M

    Working out average annual and hourly and gas consumption for a property

    Hi, can anyone help me work out the average annual and hourly gas consumption for a property, in this case a bungalow. With a 24kw boiler and 7.9kw gas hob. I know how to work out the hourly gas consumption with the appliances on max. But not in the scenario above. Thanks for any help.
  9. K

    HELP! UFH system causing boiler temp drop/excessive gas consumption

    Hi all, first post on here - really hope you can help. We have recently moved to a newly converted barn (single story) which has a Polypipe under floor heating system heated by an ideal system +24 boiler. It is quite a large property (the barn is 22x5x6.5) as well as a similarly sized...
  10. cr0ft

    Water consumption for small hospital

    40 ish in patients, circa 100 staff in from 9-5. Skeleton nursing staff overnight just to keep things running. 6000L of cold and hot used from 11:00-16:30 yesterday. Another 6000L used from 16:30-03:00 this morning when the tanks ran dry!! I closed off bathrooms at 16:30 yesterday so is it...
  11. B

    HW Gas consumption for empty house ?

    Hi all, Bit of an odd question here. I've been on holiday and have the CH switched off, but did not stop the twice daily boost of HW on the timer. Given that here is no HW been consumed in the house when we are away I expected the gas consumption to be minimal as the loss from the 2 x uniSTOR...
  12. M

    Gas consumption for new supply

    Hi all. We are doing a large renovation with one 40 kw boiler which will run a 5 bed house and one 30kw boiler that runs a b&b annexe with 4 bedrooms and en suites. One range cooker and one fire also. My customer is trying to fill out the new application form for a new supply and they want...
  13. U

    Peak hour and annual gas consumption

    Dear all, Can anyone please explain me how to calculate peak hour and annual gas consumption in kW? After a very long hours searching on the Web, no satisfactory answer was found. Many thanks
  14. R

    High water consumption

    My building is using 3 times the amount of water it should. I have had the water meter changed. I have checked every riser for leaks. Plant is not losing water all overflow pipes visible. Had every meter checked for other flats and businesses within our block. No one stealing our water. No...
  15. M

    Lpg consumption

    I have a customer who lives in an old cottage. It was originally two cottages now knocked into one. She has two combi boilers both 24kw running off a 4 pack of 47kg. The installation is sound no leaks. Basically she is runnng her heating on both boilers for roughly 4 hours a day and hot water on...
  16. U

    USA Gas Usage

    Hi all, After a boiler 'service' this year, the boiler soon stopped igniting immediately after it was switched on, and would usually take about a minute or so to fire up. For various reasons I was unable to get this fixed, so I just let the boiler take its time to ignite when I needed hot...
  17. D

    Calculation of thermal output???

    I've just had an air to water heat pump installed at my house, and I wanted to get a rough idea of what it's performance is. Can anyone help with a reasonably simple way to calculate the real world COP as a cross-check against the manufacturers BS? I appreciate that COP is a crude measure...
  18. T

    Consumption of 5 wash hand basins and size of direct unvented cylinder

    I've 5 wash hand basins (2 x gents toilet, 2 x female toilets, 1 x disabled toilet). I'm planning on supplying the mixers from a direct unvented cylinder. The furthest point is the disabled wc is about 7m from the cylinder location. How do I work out what size of cylinder to use? What is the...
  19. B

    Combi boiler gas consumption

    Hi all. Moved into a new (to us) house a few months ago and had to get the boiler replaced recently. The house is a 1937 four bed with a 1992 extension over the garage (adding more kitchen space and the fourth bedroom). Since we have had the new boiler fitted I've been trying to gauge our gas...
  20. K

    reducing my gas consumption

    HI. I'm finding my gas consumption on the central heating system really high at the moment. I have a combi boiler and I'm pretty sure that the plate heat exchanger needs descaling/replacing and it's due a service. If I get these two things done will this make much of a difference to my...
Creating content since 2001. Untold Media.

OFFICIAL SPONSORS

OFFICIAL SPONSORS

Back
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock