Simple payback period definition

Simple payback period means the length of time (expressed in months) obtained by dividing (x), the aggregate costs of any such Capital Improvement, by (y), the Projected Annual Savings.

Simple payback period means the number of years it takes to pay back, from estimated savings, the initial cost of an energy conservation measure with the simple payback period equal to the initial cost divided by the estimated annual savings;

Simple payback period means the number of years required to allow the dollar value of an investment in water pollution control to be exceeded by cost savings resulting from the investment.

Examples of Simple payback period in a sentence

• This leads to a more conservative social view, even amongst those who started their trade union career as class conscious militants, with a resulting propensity to vacillate.

• Simple payback period (SPP) is the most widely used financial metric for energy efficiency projects.

• The simple payback period of EMIS can be established using Equation 2: Simple payback period = (EMIS Implementation Costs + ECM Costs)/(Annual Energy Cost Savings - Annual EMIS Operating Costs) (2) Where energy conservation measure (ECM) Costs are the costs incurred for implementing the ECMs found by the EMIS (e.g., adjusting system schedules, fixing leaking valves, improving setpoint reset)1.

• Simple pay-back period is 3.9 years, discounted (10%) pay-back period is 5.3 years.

• Economic models such as Simple payback period, Energy Return on Investment (EROI), Levelised Cost of Energy, Lifecycle cost analysis etc.

More Definitions of Simple payback period

Simple payback period means the length of time (expressed in months) obtained by dividing (x) the aggregate costs of any such Energy Efficient Capital Improvement by (y) the anticipated annual savings in utility costs (which shall be the average of the determinations by the two Independent Engineers of such annual savings) includable in Operating Expenses (the “Projected Annual Savings”). By way of example, if the aggregate costs of such Energy Efficient Capital Improvement is $2,000,000 and the Projected Annual Savings are $500,000 per annum, then the Simple Payback Period for such Energy Efficient Capital Improvement is forty-eight (48) months. The Projected Annual Savings and the Simple Payback Period shall be certified in writing by the Independent Engineers.

Simple payback period means the time required for the cumulative savings from an energy management improvement project to recover its initial investment cost and other accrued costs, without accounting for the time-value of money. It is calculated by dividing the estimated total costs of acquiring the materials and installation for the implementation of an energy management improvement by the estimated annual savings for the energy management improvement. For renewable and coal conversions, savings are based on the fuel replaced.

Simple payback period means the ratio of the estimated ECP cost divided by the estimated savings per year by implementing the Energy Conservation Project. Subcontractor: means either an entity contracting directly with the prime Contractor to furnish equipment or services as a part of or related to a particular Task Order or an entity contracting with a Subcontractor of any tier to furnish equipment or services as part of or related to such Task Order.

Simple payback period means the estimated total costs of the measure (including design, materi- als and installation) divided by the estimated annual cost savings for the measure. For renewable and coal conversions, savings are based on the fuel replaced.

Simple payback period means the estimated total cost of each measure including, but not limited to, design, materials and installation divided by the estimated annual savings for the measure. For re- newable and coal conversions, savings are based on the fuel replaced.

Simple payback period means the length of

Simple payback period means the number of years it takes