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NCJ Number: 64373 Find in a Library
Title: LIFE-CYCLE COSTING GUIDE FOR ENERGY CONSERVATION IN BUILDINGS
Author(s): H E MARSHALL; R T RUEGG
Corporate Author: US Dept of Commerce
National Bureau of Standards
United States of America
Date Published: 1977
Page Count: 21
Sponsoring Agency: National Institute of Justice/
Rockville, MD 20849
US Dept of Commerce
Washington, DC 20234
Sale Source: National Institute of Justice/
NCJRS paper reproduction
Box 6000, Dept F
Rockville, MD 20849
United States of America
Document: PDF
Type: Best Practice/State-of-the-Art Review
Language: English
Country: United States of America
Annotation: PRACTICING ARCHITECTS, MECHANICAL ENGINEERS, BUILDING FINANCIERS, AND OTHERS INTERESTED IN THE DESIGN PROCESS ARE PROVIDED WITH A GUIDE TO LIFE-CYCLE COST TECHNIQUES FOR EVALUATING ENERGY CONSERVATION BUILDING DESIGNS.
Abstract: LIFE-CYCLE COST (LCC) ANALYSIS, A VARIATION OF BENEFIT-COST ANALYSIS, COMPARES ALL PRESENT AND FUTURE EXPECTED BENEFITS WITH ALL PRESENT AND FUTURE COSTS TO EVALUATE PROGRAMS OR INVESTMENTS. LONG-RUN BENEFITS OR COST SAVINGS PRODUCED BY AN INVESTMENT MUST EXCEED THE LONG-RUN COSTS TO BE WORTHWHILE ECONOMICALLY. AS APPLIED TO ENERGY CONSERVATION FEATURES IN BUILDINGS, LCC ANALYSIS IS THE EVALUATION OF THE NET EFFECT OVER TIME OF REDUCING FUEL COSTS BY PURCHASING, INSTALLING, MAINTAINING, OPERATING, REPAIRING, AND REPLACING ENERGY-CONSERVING FEATURES. THE RESULTS OF THE ANALYSIS MAY BE EXPRESSED AS (1) THE TOTAL OF CONSERVATION INVESTMENT AND ENERGY CONSUMPTION COSTS, (2) THE NET SAVINGS FROM THE INVESTMENT IN ENERGY CONSERVATION, OR (3) THE RATIO OF SAVINGS TO COST. DISCOUNTING, TAXES, AND INFLATION ALSO CAN BE APPLIED TO LCC. TWO OTHER EVALUATION METHODS ARE RELATED TO LCC ANALYSIS--THE PAYBACK AND THE INTERNAL RATE-OF-RETURN METHODS. FOUR POSSIBLE APPLICATIONS OF LCC TO ENERGY CONSERVATION INCLUDE INSULATING AN EXISTING BUILDING TO LOWER UNDESIRABLE HEAT LOSS AND GAIN; SELECTING WINDOW SIZE, DESIGN, AND ORIENTATION TO REDUCE ENERGY AND LIFETIME BUILDING COSTS; DETERMINING WHETHER A HEATING SYSTEM WILL BE COST-EFFECTIVE IN REDUCING THE CONSUMPTION OF NONRENEWABLE ENERGY RESOURCES; AND DESCRIBING THE USE OF LCC IN DEVELOPING ENERGY CONSERVATION PERFORMANCE STANDARDS FOR BUILDINGS. SOME DETERRENTS TO AND USES FOR LCC AND POTENTIALS FOR THE RELATED METHODS, ARE DESCRIBED. TABULAR DATA ARE INCLUDED. (AOP)
Index Term(s): Consumption rates; Cost analysis; Economic analysis; Economic planning; Electricity; Energy conservation; Energy requirements; Energy resources; Fuels; Governmental planning; Heating fuels; Long range planning
Note: REVISED AND EXTENDED FROM 'ENERGY CONSERVATION THROUGH LIFE-CYCLE COSTING', JOURNAL OF ARCHITECTURAL EDUCATION, FEBRUARY 1977
To cite this abstract, use the following link:
http://www.ncjrs.gov/App/publications/abstract.aspx?ID=64373

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