Life-cycle economics

Journal Article · Wed Sep 01 00:00:00 EDT 1982 · Sol. Age; (United States)

OSTI ID:6669592

Lunde, P J

In a continuation of previous economic analyses, life-cycle economics of solar projects are discussed using the concept of net present value (NPV) or net worth. The discount rate is defined and illustrated and a life-cycle analysis is worked out based on no down payment and a 25-year loan. The advantages of rising NPV are discussed and illustrated using an energy conserving $100 storm window as an example. Real payback period is discussed and it is concluded that NPV is the only valid method for the evaluation of an investment. Return on investment is cited as a satisfactory alternative method. (MJJ)

• Research Organization: new Energy Resources, Inc., W. Simsbury, CT
• OSTI ID: 6669592
• Journal Information: Sol. Age; (United States), Vol. 7:9
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
SOLAR EQUIPMENT
ECONOMIC ANALYSIS
ENERGY CONSERVATION
FINANCING
INTEREST RATE
INVESTMENT
LIFE-CYCLE COST
PAYBACK PERIOD
RECOMMENDATIONS
VALUES
COST
ECONOMICS
EQUIPMENT
140300* - Solar Energy- Economic
Industrial
& Business Aspects
320101 - Energy Conservation
Consumption
& Utilization- Residential Buildings- (-1987)