Operating hours required by a payback limit calculator
Operating hours required by a payback limit
Minimum annual operating hours is calculated as (P/T_max − S_fixed)/(ΔP × r_e). Use the stated system boundary and matching input units.
Calculator
Enter the values you know and leave one box empty. Calculate finds the empty one, the result or any input.
Worked example
Given
- = 9,000 $
- = 3 year
- = 600 $/year
- = 4 kW
- = 0.12 $/kWh
Symbols and units
| Symbol | Meaning | Unit |
|---|---|---|
| minimum annual operating hours | h/year | |
| net installed investment | $ | |
| allowed simple payback | year | |
| fixed annual maintenance savings | $/year | |
| measured electrical demand reduction | kW | |
| avoidable energy price | $/kWh |
Related calculators
- Deferred uniform present worth
- Beginning-period uniform present worth
- Base plus gradient annual equivalent
- Initial plus annual accumulation
- Unfinanced operating after-tax cash flow (ATCF)
- Present worth with midlife replacement (NPW)
- Price escalation at a future budget limit
- Present worth of escalating annual savings (PW)
Results are estimates for study and screening. Check the inputs, units and assumptions before you use them for design, billing or contract decisions.