Obtained as a research result of conducted project, this paper presents an innovative, energy efficient multipurpose system for a sustainable globally cost-effective building's solar energy use and developed methodology for its dynamic analysis and optimization. The initial research and development goal was to create a cost-effective technical solution for replacing fossil fuel and electricity with solar energy for water heating for different purposes (for pools, sanitary water, washing) in one SPA. After successful realization of the initial goal, the study was proceeded and as a result, the created advanced system has been enriched with AC performance. The study success was based on understanding and combined measurements and by BPS made predictions of AC loads and solar radiation dynamics as well as on the determination of the synergetic relations between all relevant quantities. Further, by the performed BPS dynamic simulations for geographically spread buildings locations, it has been shown that the final result of the conducted scientific engineering R&D work has been the created system of confirmed prestigious to the sustainability relevant performance globally cost-effective building integrated photovoltaic powered heat pump (HP), assisted by waste water heat recovery, for solar AC, water heating and saving. (C) 2014 Elsevier B.V. All rights reserved.