Slide 2:
Similar in thought to LCA Economics! Components Initial Cost Running Cost Maintenance Residual Value/Disposal
Slide 3:
Total usage thinking budgeting Accounts for quality Energy Consumption Better Business Decisions
Slide 4:
Total societal cost Economic tool only
Slide 6:
Induction lighting is the clear economic best But is it the best option for society? HPS and Induction both contain mercury
Slide 7:
Suffers from large amounts of data When done well LCC is a great way of thinking economically Used in combination with other tools