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Equivalent Annual Cost

Submitted by Anonymous on
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

Links
Relation type
Related
Relation type
Related
Relation type
Broader
Relation type
Related
Concept
Full Context
Pathway(aka Context)
Area(aka Level or Site)