GEL Clause Samples
GEL. The tariffs are inclusive of taxes;
GEL. SYN™, US Trademark Application Serial No. 86/376,022, filed on September 9, 2014, published on January 1, 2015, for classes 5 and 10
GEL. For the same wall area F=1.2 m2 will be needed 15 simple blocks the cost would be 18 GEL. Accordingly price of 1 m2 of wall area constructed from perlite blocks can be calculated as 41.25 GEL and from the simple block as 15 GEL. The Capital cost for the walls of ARCI building in Tbilisi, for example, perlite blocks will be: CI1= 2057 x 41.25 = 84,851.25 GEL compared to simple block construction, were the cost would be CI2= 2057·15=30,855 GEL. The heating system load based on information obtained from the energy passport for the perlite block variant would be: Energy consumption, Q = 167,854 kWh for the entire winter period. Taking into consideration that 1m3 of natural gas generates the equivalent of 10.33 kW·h of heat, 19,055.9 m3 of gas will be burned costing 19,055.9 x 0.51 = 9,718.5 GEL in the case of perlite blocks. In the case of simple blocks 38,736.2 m3 of gas will be needed costing 38,736.2 x 0.51 = 19,755.5 GEL per heating season. As it is shown by calculations presented below the simple payback period for the additional investment in perlit blocks will be 5.5 years, assuming no future escalation in natural gas prices. This means that after 5.5 years of operation of the heating system the capital investment of the perlite blocks will become profitable thus load of the heating system in this case is much lower than in the case of the simple blocks. Total cost is calculated TC1 = 84,851.25 +5.5 x 9,718.5 = 13,830.3 GEL TC2 = 30,855 + 5.5 x 19,755.5 = 13,9510.3 GEL Thus, it can be summarized that the higher capital investment in perlite blocks will be compensated by operational costs of the low load heating system after 5.5 years operation during the heating season. For F = 1.2 m2 of wall area, 10 light weight blocks are needed if the thickness of the wall is assumed to be 300 mm at a cost of about 50 GEL. For the same F = 1.2m2 wall area, 15 simple blocks costing 18 GEL are required. Accordingly for 1 m2 of wall area the price of the light blocks would be 41.7 GEL compared to the cost of simple blocks, 15 GEL. Thus, the cost of light weight blocks would be: CI1 = 2,057 x 41.7 = 85,776.9 GEL; for simple blocks, CI2 = 2,057 x 15 =30,855 GEL. The energy consumption during the heating period Based on information obtained from the Energy Passport for light weight blocks will constitute for the heating season would be: Q = 167,854 kW·h requiring 16,249.2 m3 of gas which, at current prices, would cost 16,249.2 x 0.51 = 8,287.1 GEL. The payback period for ...
