Equivalent Annual Cost

Submitted by m.rodriguez on Wed, 03/04/2015 - 12:04
Alternative label
EAC
Definition

The cost per year of implementing a NWRM over its entire lifespan. EAC is used when comparing NWRMs of unequal lifespans. It is estimated through listing all capital expenditures and when they are incurred; calculating the net present value of expenditures, once discounted; and converting this net present value into an annuity

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Logos of all partners of NWRM project