HOMER Pro 3.15

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The Project lifetime is the length of time over which the costs of the system occur. HOMER uses the project lifetime to calculate annualized costs from net present costs. HOMER assumes that salvage values occur at the end of the project lifetime.

You enter the project lifetime on the Economics page under the Projects tab.

See also

Economic Inputs window

Annualized cost

Net present cost

Salvage value

Real discount rate