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Heat recovery from Chiller:Electric:EIR is a passive benefit when the chiller operates to meet a cooling load. In the EnergyPlus world, the heat recovery side of the chiller should be on the demand side of a heat recovery loop which has a storage tank (WaterHeater:*) on the supply side of that loop. Then the "use" side of the water heater serves as a supply for the hot water loop. If you do not have storage in your plant design, then you could make the tank volume small.