See Also: levelised life-cycle cost(medicine)
life cycle(dictionary)
Life cycle(finance)
life cycle(medicine)
Life Cycle(money)
life cycle stages(medicine)
life-cycle costing(medicine)
Family Life Cycle(money)
indirect life cycle(medicine)
Product Life Cycle(money)

levelised life-cycle cost (medicine)


levelised life-cycle cost


The present value of the cost of a resource, including capital, financing and operating costs, expressed as a stream of equal annual payments. This stream of payments can be converted to a unit cost of energy by dividing the annual payment amount by the annual kilowatt-hours produced or saved. By levelizing costs, resources with different lifetimes and generating capabilities can be compared.