A Life Cycle Cost Analysis (LCCA) is essential to business planning and the formulation of energy efficient projects. It is a tool to determine the most cost-effective solution among competing solutions to purchase, own, operate, maintain, and dispose of, when each option is equally appropriate to implement technically. Additionally, this can be formulated with or without funding options, introducing further options on how to formulate and fund the project.
Projected over the expected life cycle of the installation, an Energy Audit or Feasibility Report will establish technically the most feasible solution, the LCCA allows finalisation of solutions for decision makers.
