HOMER Pro 3.15
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Type: |
Output Variable |
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Units: |
$/year |
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Symbol: |
Cann,tot |
The total annualized cost is the annualized value of the total net present cost. HOMER calculates the total annualized cost using the following equation:
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where: |
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CNPC,tot |
= the total net present cost [$] |
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|
i |
= the annual real discount rate [%] |
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Rproj |
= the project lifetime [yr] |
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CRF() |
= a function returning the capital recovery factor |
HOMER uses the total annualized cost to calculate the levelized cost of energy.
See also
