Lifecycle costs: The basics | Magazine Features. Federal Energy Management Program: Life-Cycle Cost Analysis. To help facility managers make sound decisions, Federal Energy Management Program (FEMP) provides guidance and resources on applying life cycle cost analysis (LCCA) to evaluate the cost-effectiveness of energy and water efficiency investments. Federal Requirements Life cycle cost (LCC) rules are promulgated in 10 CFR 436 A, Life Cycle Cost Methodology and Procedures and conforms to requirements in the National Energy Conservation Policy Act and subsequent energy conservation legislation as well as Executive Order 13423. The LCC guidance and materials assume discount rates and energy price projections determined annually by FEMP and the Energy Information Administration.
Building Life Cycle Cost Software FEMP's Building Life Cycle Cost (BLCC) software can help you calculate life cycle costs, net savings, savings-to-investment ratio, internal rate of return, and payback period for Federal energy and water conservation projects funded by agencies or alternatively financed. Training. Life-Cycle Cost Analysis (LCCA) Home > Life-Cycle Cost Analysis (LCCA) by Sieglinde FullerNational Institute of Standards and Technology (NIST) Last updated: 06-28-2010 Introduction Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or building system. Lowest life-cycle cost (LCC) is the most straightforward and easy-to-interpret measure of economic evaluation.
Description A. The purpose of an LCCA is to estimate the overall costs of project alternatives and to select the design that ensures the facility will provide the lowest overall cost of ownership consistent with its quality and function. The first and most challenging task of an LCCA, or any economic evaluation method, is to determine the economic effects of alternative designs of buildings and building systems and to quantify these effects and express them in dollar amounts. B. Initial costs Energy and Water Costs Replacement Costs Other Costs. Life-Cycle Cost Analysis - EEI - Asset Management.