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Pump Life Cycle Cost Calculation Tool PLCC - Calctool

The document provides information to calculate the life cycle cost (LCC) of two alternatives (Alt. 1 and Alt. 2) over a 5 year period. It includes the initial investment cost, installation cost, annual energy cost, maintenance cost, repair cost, and other yearly costs for each alternative. The net present LCC value is calculated for each alternative accounting for factors like inflation, interest rates, and the time value of money. The results show the net present LCC is 67,205 for Alt. 1 and 66,377 for Alt. 2, with energy costs making up 54% and 55% of costs respectively.

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Gomathi Shankar
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159 views

Pump Life Cycle Cost Calculation Tool PLCC - Calctool

The document provides information to calculate the life cycle cost (LCC) of two alternatives (Alt. 1 and Alt. 2) over a 5 year period. It includes the initial investment cost, installation cost, annual energy cost, maintenance cost, repair cost, and other yearly costs for each alternative. The net present LCC value is calculated for each alternative accounting for factors like inflation, interest rates, and the time value of money. The results show the net present LCC is 67,205 for Alt. 1 and 66,377 for Alt. 2, with energy costs making up 54% and 55% of costs respectively.

Uploaded by

Gomathi Shankar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Calculation of LCC

System description
TEST:

All cost in Euro/USD


Input: Alt.1 Alt.2

- Initial investment cost: 12300 12300

- Installation and commissioning cost: 1500 1500

- Energy price (present) per kWh: 0.08 0.08

- Weighted average power of equipment in kW: 51 51

- Average Operating hours/year: 2000 2000

Energy cost/year (calculated) = Energy price x


Weighted average power x Average Operating
hours/year 8160 8160

- Operating cost/year: 300 300

- Maintenance cost (routine maintenance/year): 1500 1500

- Repair cost every 2nd year: 2500 2500

- Other yearly costs: 800 800

- Down time cost/year: 0 0

- Environmental cost: 1000 0

- Decommissioning/disposal cost: 0 0

n - Life in years: 5 5

i - Interest rate, %: 8% 8%

p - Inflation rate %: 4% 4%

Output:
Net present LCC-value: 67205 66377
of which net present energy cost is: 36484 36484

and routine maintenance cost is: 6707 6707

of which net present energy cost % is: 54% 55%


and routine maintenance cost % is: 10% 10%
Calculation Chart for LCC
Year No 0 1 2 3 4 5
- Initial investment cost: 12300
-Installation and commissioning cost: 1500

-Energy cost/year (calculated) 8486 8826 9179 9546 9928


-Routine Maintenance 1560 1622 1687 1755 1825
-Repair cost every 2nd year 2704 2925
-Operating costs 312 324 337 351 365
-Other costs 832 865 900 936 973

-Downtime costs 0 0 0 0 0

- Decommissioning costs 0
-Environmental & Disposal costs 1217

-Sum costs 13800 11190 14342 12104 15512 14308

-Present Costs 13800 10361 12296 9608 11402 9738


Present costs Energy 7858 7567 7286 7017 6757
Present costs Routine Maintenance 1444 1391 1339 1290 1242

Sum of Present costs 67205


Sum of Energy costs 36484
Sum of Routine maintenance costs 6707

447842450.xls/LCC result-1 11/19/2019


447842450.xls/LCC result-1 11/19/2019
447842450.xls/LCC result-1 11/19/2019
Calculation Chart for LCC
Year No 0 1 2 3 4 5 6 7 8 9
- Initial investment cost: 12300
-Installation and commissioning cost: 1500

-Energy cost/year (calculated) 8486 8826 9179 9546 9928


-Routine Maintenance 1560 1622 1687 1755 1825
-Repair cost every 2nd year 2704 2925
-Operating costs 312 324 337 351 365
-Other costs 832 865 900 936 973

-Downtime costs 0 0 0 0 0

- Decommissioning costs 0
-Environmental & Disposal costs 0

-Sum costs 13800 11190 14342 12104 15512 13091

-Present Costs 13800 10361 12296 9608 11402 8910


Present costs Energy 7858 7567 7286 7017 6757
Present costs Routine Maintenance 1444 1391 1339 1290 1242

Sum of Present costs 66377


Sum of Energy costs 36484
Sum of Routine maintenance costs 6707
10

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