LIFE CYCLE COST ANALYSIS
Life Cycle Cost Analysis (LCCA) is a means of estimating and comparing the total costs of building or system options over their lifetime, in today’s dollars.
LCCA provides the next level of financial planning above and beyond relying on first costs alone in making design and construction decisions.
NEI utilizes a LCCA tool to help teams calculate:
• Annual Operating Cost Savings
• Lifetime Net Present Value
• Return on Investment (ROI)
• Savings to Investment Ratio (SIR)
• Life Cycle Social Cost of Carbon