Fuel cell-based CHP systems for distributed residential power generation represent an interesting alternative to traditional thermoelectric plants. This is mainly due to the high efficiency obtainable in the production of electricity and heat in a decentralised, quiet and environmental friendly way. The current paper focuses on the development, in Matlab (R) Simulink environment, of a complete dynamic model of a residential cogenerative (CHP) energy system consisting of the Proton Exchange Membrane fuel cell (PEMFC), fuel processor, heat exchangers, humidifier and auxiliary hot water boiler. The target of the study is the investigation through such a model of the behavior of CHP systems based on fuel cell (FC) at variable electrical and thermal load, in reference to typical load curves of residential users. With the aim to evaluate the system performance (efficiency, fuel consumption, hot water production, response time) and then to characterize its better operating conditions with particular attention to air relative humidity, suitable simulations were carried out. They are characterized by the following of a typical electrical load trend and in relation to two different thermal load profiles. The dynamic model presented in this paper has allowed to observe the fully functioning of the FC based system under variable loads and it has permitted to design appropriate control logics for this system. (C) 2011 Elsevier Ltd. All rights reserved.