Simple Payback definition

Simple Payback means the length of time, typically presented in years, required to recover the cost of a measure or project.

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Simple Payback means estimated initial energy efficiency measure cost divided by the energy efficiency measure first-year calculated utility savings. Both savings and costs are in dollars ($), and the simple payback is expressed in years.

Simple Payback means the length of time, typically presented in years, required to recover the cost of a

Examples of Simple Payback in a sentence

• The Loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by [Insert Maximum Simple Payback Period]; 2) total Project costs; or 3) approved Loan amount.

• Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) [Insert EEM #1.

• An analysis that identifies the Simple Payback for each facility.

• By way of example: If the aggregate costs of such Capital Improvement are $2,000,000 and the Projected Annual Savings are $500,000 per annum, then the Simple Payback Period for such Capital Improvement is forty-eight (48) months.

• The loan repayment term is equal to the Project Simple Payback shown above on this Attachment A-1.

• TABLE 1: Summary of Project Cost and Savings: Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) [Insert EEM #1.

• The technical guidance provides information about the Estimated Implementation Cost, Whole-Building Energy Savings, and the Estimated Simple Payback of various energy efficiency upgrade projects.

• Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) RESOLUTION NO: ▇▇-▇▇▇▇-▇ FURTHER BE IT RESOLVED, that the Executive Director or his/her designee shall execute the same on behalf of the CEC.

• Steam Cleaning hr $100/yr., 5 yr interval Low Heat Transfer Coefficient 200W/m2 oC 280W/m2 oC Lab Module LMTD oC 280W/m2 oC High Impact on Cost Simple Payback 2.2 year 1 year Capex/kWh saved 1 year Medium Heat Transfer/unit 18-kW 30-kW Field Trial Site Data 30-kW High Impact on Cost.

• The Projected Annual Savings and the Simple Payback Period shall be certified in writing by the Independent Engineer, subject to the reasonable approval of Landlord and Tenant.

More Definitions of Simple Payback

Simple Payback means the number of years for the projected annual energy or water savings to equal the amount invested in the energy or water conservation measure, as determined by dividing the investment by the annual energy or water savings.

Simple Payback means the estimated ECM cost divided by the estimated first year ECM energy, operating, and maintenance savings.

Simple Payback means the number of years for the projected annual energy savings to equal the amount invested in the energy conservation measure, as determined by dividing the investment by the annual energy savings.

Simple Payback means the number of years it takes for the projected annual energy

Simple Payback means the am ount of tim e it will take to recover a project’s invest ment through reduced or avoided energy costs. For the purposes of these Program Guidelines, the equation for simple payback is total project costs ($) divided by annual energy cost savings ($/year).

Simple Payback means the number of years after which an investment will have paid for itself. Simple Payback is calculated by dividing the initial cost of the retrofit by the energy cost savings per year. Those projects with the shortest paybacks are assumed to be the most cost effective. Simple Payback = initial cost of energy retrofit / annual energy savings.