HOMER Grid 1.9
Type: |
Output Variable |
Units: |
$/year |
Symbol: |
Cann,tot |
The total annualized cost is the annualized value of the total net present cost. HOMER calculates the total annualized cost using the following equation:
where: |
|
|
|
CNPC,tot |
= the total net present cost [$] |
|
i |
= the annual real discount rate [%] |
|
Rproj |
= the project lifetime [yr] |
|
CRF() |
= a function returning the capital recovery factor |
HOMER uses the total annualized cost to calculate the levelized cost of energy.
See also
