Energy · RATIOXA GLOSSARY
Heat pump
Heating system that uses electricity to raise environmental heat to a useful temperature.
Simple definition
Heating system that uses electricity to raise environmental heat to a useful temperature.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
Electricity demand is approximately heat demand divided by seasonal performance.