Estimation of Simple Payback for CHP Installations

Development Process | Step 1 | Step 2 | Step 3

Data Descriptions Units Valid Ranges Your Data Last Data
(A) Average Retail Electric price   $ / KWH .01 to .50 0.05
(B) Cost of Fuel   3
(C) Hourly Cost Savings $ / hr   0.0266
(D) Hours of Operation   hours / year 1 to 8760 4000
(E) Annual Cost Savings $ / year   106.4
(F) Installed Cost   $ / KW 500 to 2000 1000
(G) Payback Years 9.4
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Office of Power Technologies (OPT)
Energy Efficiency & Renewable Energy Network (EREN)
U.S. Department of Energy

Last updated: October 21, 2003