Examples of Simple Payback in a sentence
Simple payback is not used as a measure of cost-effectiveness as it does not account for the time value of money, the value of energy cost savings that occur after payback is achieved, or any replacement costs that occur after the initial investment.
Simple payback is the total incremental first cost divided by the annual savings, where the annual savings is the annual energy cost savings less any incremental annual maintenance cost.
Simple payback is the number of years required for accumulated annual energy cost savings to exceed the incremental first costs of a new code.
Simple payback period and the Consumer Cash Flow analysis are reported to provide additional information to stakeholders.
Simple payback period and the Consumer Cash Flow analysis are reported to provide additional information to stakeholders, including states which have established a range of alternative economic metrics.