IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i12p4853-d371283.html
   My bibliography  Save this article

Financial Sustainability of Selected Rain Water Harvesting Systems for Single-Family House under Conditions of Eastern Poland

Author

Listed:
  • Anna Musz-Pomorska

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

  • Marcin K. Widomski

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

  • Justyna Gołębiowska

    (Faculty of Environmental Engineering, Lublin University of Technology, Nadbystrzycka St. 40 B, 20-618 Lublin, Poland)

Abstract

Recent climate changes limiting the available water resources require careful sustainable water management in the cities, the locations of highest drinking water consumption and sanitary sewage and stormwater generation. Over 50% of water demand in the residential areas of cities cover activities in which non-potable water could be used, e.g., toilets and laundry facilities, cleaning, garden irrigation and washing vehicles. Thus, rain water harvesting (RWH) systems are the sustainable alternative water supply, lowering drinking water consumption, by the usage of non-potable harvested water, and limiting the anthropopressure on natural water reservoirs. However, in many cases the social acceptance of RWH and willingness to pay may be affected by financial sustainability, including the affordability and profitability of the investment. This paper presents a case study concerning the financial sustainability of thirteen designs of RWH systems for a single-family house under the climatic and economic conditions of Eastern Poland, one of the poorest regions of the European Union. The financial sustainability of the tested RWH designs were based on indictors of cost-efficiency: dynamic generation cost, payback period, net present value and benefit–cost ratio. The performed analyses showed the limited profitability of the studied RWH designs and the insufficient governmental financial support which may significantly affect the social sustainability of the designs under the local conditions.

Suggested Citation

  • Anna Musz-Pomorska & Marcin K. Widomski & Justyna Gołębiowska, 2020. "Financial Sustainability of Selected Rain Water Harvesting Systems for Single-Family House under Conditions of Eastern Poland," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:12:p:4853-:d:371283
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/12/4853/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/12/4853/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Tsun-Hua Yang & Wen-Cheng Liu, 2020. "A General Overview of the Risk-Reduction Strategies for Floods and Droughts," Sustainability, MDPI, vol. 12(7), pages 1-20, March.
    3. Remer, Donald S. & Nieto, Armando P., 1995. "A compendium and comparison of 25 project evaluation techniques. Part 1: Net present value and rate of return methods," International Journal of Production Economics, Elsevier, vol. 42(1), pages 79-96, November.
    4. Patrick J. McEwan, 2012. "Cost-effectiveness analysis of education and health interventions in developing countries," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 4(2), pages 189-213, June.
    5. Stephen Cook & Ashok Sharma & Meng Chong, 2013. "Performance Analysis of a Communal Residential Rainwater System for Potable Supply: A Case Study in Brisbane, Australia," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 27(14), pages 4865-4876, November.
    6. Elmaghraby, Salah E. & Herroelen, Willy S., 1990. "The scheduling of activities to maximize the net present value of projects," European Journal of Operational Research, Elsevier, vol. 49(1), pages 35-49, November.
    7. Xingqi Zhang & Maochuan Hu & Gang Chen & Youpeng Xu, 2012. "Urban Rainwater Utilization and its Role in Mitigating Urban Waterlogging Problems—A Case Study in Nanjing, China," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(13), pages 3757-3766, October.
    8. Coleman, Andrew & Grimes, Arthur, 2010. "Betterment taxes, capital gains and benefit cost ratios," Economics Letters, Elsevier, vol. 109(1), pages 54-56, October.
    9. H. Martin Weingartner, 1969. "Some New Views on the Payback Period and Capital Budgeting Decisions," Management Science, INFORMS, vol. 15(12), pages 594-607, August.
    10. Remer, Donald S. & Nieto, Armando P., 1995. "A compendium and comparison of 25 project evaluation techniques. Part 2: Ratio, payback, and accounting methods," International Journal of Production Economics, Elsevier, vol. 42(2), pages 101-129, December.
    11. Luca Locatelli & Maria Guerrero & Beniamino Russo & Eduardo Martínez-Gomariz & David Sunyer & Montse Martínez, 2020. "Socio-Economic Assessment of Green Infrastructure for Climate Change Adaptation in the Context of Urban Drainage Planning," Sustainability, MDPI, vol. 12(9), pages 1-18, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hamam, Manal & Spina, Daniela & Selvaggi, Roberta & Vindigni, Gabriella & Pappalardo, Gioacchino & D’Amico, Mario & Chinnici, Gaetano, 2023. "Financial sustainability in agri-food supply chains: A system approach," Economia agro-alimentare / Food Economy, Italian Society of Agri-food Economics/Società Italiana di Economia Agro-Alimentare (SIEA), vol. 25(2), October.
    2. Manal Hamam & Daniela Spina & Roberta Selvaggi & Gabriella Vindigni & Gioacchino Pappalardo & Mario D'Amico & Gaetano Chinnici, 2023. "Financial sustainability in agri-food supply chains: A system approach," Economia agro-alimentare, FrancoAngeli Editore, vol. 25(2), pages 135-154.
    3. Artur Pawłowski & Agnieszka Żelazna & Jarosław Żak, 2023. "Is the Polish Solar-to-Hydrogen Pathway Green? A Carbon Footprint of AEM Electrolysis Hydrogen Based on an LCA," Energies, MDPI, vol. 16(9), pages 1-15, April.
    4. Agnieszka Żelazna & Justyna Gołębiowska & Agata Zdyb & Artur Pawłowski, 2020. "A Hybrid vs. On-Grid Photovoltaic System: Multicriteria Analysis of Environmental, Economic, and Technical Aspects in Life Cycle Perspective," Energies, MDPI, vol. 13(15), pages 1-16, August.
    5. Monzur A. Imteaz & Maryam Bayatvarkeshi & Md. Rezaul Karim, 2021. "Developing Generalised Equation for the Calculation of PayBack Period for Rainwater Harvesting Systems," Sustainability, MDPI, vol. 13(8), pages 1-11, April.
    6. Blanca Itzany Rivera Vázquez & Edith Rosalba Salcedo Sánchez & Juan Manuel Esquivel Martínez & Miguel Ángel Gómez Albores & Felipe Gómez Noguez & Carina Gutiérrez Flores & Oscar Talavera Mendoza, 2023. "Use of Analytic Hierarchy Process Method to Identify Potential Rainwater Harvesting Sites: Design and Financial Strategies in Taxco de Alarcón, Southern Mexico," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    7. Marcin K. Widomski & Anna Musz-Pomorska, 2023. "Sustainable Development of Rural Areas in Poland since 2004 in the Light of Sustainability Indicators," Land, MDPI, vol. 12(2), pages 1-29, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mandaloufas, Melissa & Lamas, Wendell de Queiroz & Brown, Scott & Irizarry Quintero, Anamari, 2015. "Energy balance analysis of the Brazilian alcohol for flex fuel production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 403-414.
    2. Francesco Cappa & Fausto Del Sette & Darren Hayes & Federica Rosso, 2016. "How to Deliver Open Sustainable Innovation: An Integrated Approach for a Sustainable Marketable Product," Sustainability, MDPI, vol. 8(12), pages 1-14, December.
    3. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    4. Dodoo, Ambrose & Gustavsson, Leif & Tettey, Uniben Y.A., 2017. "Final energy savings and cost-effectiveness of deep energy renovation of a multi-storey residential building," Energy, Elsevier, vol. 135(C), pages 563-576.
    5. Cuthbert, James R. & Magni, Carlo Alberto, 2016. "Measuring the inadequacy of IRR in PFI schemes using profitability index and AIRR," International Journal of Production Economics, Elsevier, vol. 179(C), pages 130-140.
    6. García Kerdan, Iván & Raslan, Rokia & Ruyssevelt, Paul & Morillón Gálvez, David, 2017. "A comparison of an energy/economic-based against an exergoeconomic-based multi-objective optimisation for low carbon building energy design," Energy, Elsevier, vol. 128(C), pages 244-263.
    7. Carlo Alberto Magni & Ken V. Peasnell, 2015. "The Term Structure of Capital Values:An accounting-based framework for measuring economic profitability," Department of Economics 0060, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    8. Anna Musz-Pomorska & Marcin K. Widomski & Justyna Gołębiowska, 2024. "Financial Aspects of Sustainable Rainwater Management in Small-Scale Urban Housing Communities," Sustainability, MDPI, vol. 16(2), pages 1-21, January.
    9. Hosseininasab, Amin & Ahmadi, Abbas, 2015. "Selecting a supplier portfolio with value, development, and risk consideration," European Journal of Operational Research, Elsevier, vol. 245(1), pages 146-156.
    10. Yasser Alizadeh & Antonie J. Jetter, 2019. "Pathways for Balancing Exploration and Exploitation in Innovations: A Review and Expansion of Ambidexterity Theory," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(05), pages 1-33, August.
    11. Aurora Greta Ruggeri & Laura Gabrielli & Massimiliano Scarpa, 2020. "Energy Retrofit in European Building Portfolios: A Review of Five Key Aspects," Sustainability, MDPI, vol. 12(18), pages 1-38, September.
    12. Ekaterina Makarova & Anna Sokolova, 2012. "The Best Practices of Evaluating S&T Foresight: Basic Elements and Key Criteria," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 6(3), pages 62-74.
    13. Cuéllar-Franca, Rosa & García-Gutiérrez, Pelayo & Dimitriou, Ioanna & Elder, Rachael H. & Allen, Ray W.K. & Azapagic, Adisa, 2019. "Utilising carbon dioxide for transport fuels: The economic and environmental sustainability of different Fischer-Tropsch process designs," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    14. Man Ying (Annie) Ho & Joseph H. K. Lai & Huiying (Cynthia) Hou & Dadi Zhang, 2021. "Key Performance Indicators for Evaluation of Commercial Building Retrofits: Shortlisting via an Industry Survey," Energies, MDPI, vol. 14(21), pages 1-30, November.
    15. Yard, Stefan, 2000. "Developments of the payback method," International Journal of Production Economics, Elsevier, vol. 67(2), pages 155-167, September.
    16. Sommerfeldt, Nelson & Madani, Hatef, 2017. "Revisiting the techno-economic analysis process for building-mounted, grid-connected solar photovoltaic systems: Part one – Review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1379-1393.
    17. Joan Carles FERRER-COMALAT & Salvador LINARES-MUSTAROS & Dolors COROMINAS-COLL, 2016. "A Model For Optimal Investment Project Choice Using Fuzzy Probability," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 50(4), pages 187-203.
    18. Morelli, Martin & Harrestrup, Maria & Svendsen, Svend, 2014. "Method for a component-based economic optimisation in design of whole building renovation versus demolishing and rebuilding," Energy Policy, Elsevier, vol. 65(C), pages 305-314.
    19. Laura Gabrielli & Aurora Greta Ruggeri & Massimiliano Scarpa, 2023. "Roadmap to a Sustainable Energy System: Is Uncertainty a Major Barrier to Investments for Building Energy Retrofit Projects in Wide City Compartments?," Energies, MDPI, vol. 16(11), pages 1-21, May.
    20. Ekaterina Makarova & Anna Sokolova, 2012. "Foresight Evaluation: Lessons from Project Management," HSE Working papers WP BRP 01/MAN/2012, National Research University Higher School of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:12:p:4853-:d:371283. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.