Testing is done of an unpressurized drainback system with a load-side heat exchanger. Analytical calculations for the heat exchanger effectiveness and three models for convective heat transfer coefficients from correlations are compared against the experimental data. TRNSYS simulations were performed using the average effectiveness of 0.78 (the calculated effectiveness varies from 0.68 to 0.95); the results compare favorably with experimental results, indicating that a constant effectiveness is an adequate model for the system.