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Energy savings analysis. (Software Exchange).

Capability: The Building LifeCycle Cost 5 software program is used to evaluate the long-term costs and benefits of energy, water conservation, and renewable energy projects. It allows engineers and managers to compare the lifecycle cost of two or more alternative designs to determine which is the least expensive and, therefore, more economical in the long run. It compares economic data for the alternative designs, including net savings, savings-to-investment ratio, adjusted internal rate of return, and years to payback. While the software is oriented toward building-related designs, it can be used to evaluate alternative designs for almost any project in which higher capital costs result in lower future operating costs.

Hardware: PC.

Developer: National Institute of Standards and Technology's Office of Applied Economics and the U.S. Department of Energy, 1000 Independence Ave. S.W., Washington, DC 20585;

Cost: Free.

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Publication:Mechanical Engineering-CIME
Date:Aug 1, 2002
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