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Author
Marshall, H. E.
Title
Choosing Economic Evaluation Methods. Least-Cost Energy Decisions for Buildings. Part 3. Video Training Workbook.
Coporate
National Institute of Standards and Technology, Gaithersburg, MD
Sponsor
Department of Energy, Washington, DC Federal Energy Management Program
Report
NISTIR 5604, May 1995, 50 p.
Distribution
Available from National Technical Information Service
Keywords
building economics | economic analysis | economic efficiency | energy conservation | energy economics | internal rate of return | life cycle costing | payback | savings-to-investment ratio
Abstract
This workbook accompanies the video training film "Choosing Economic Evaluation Methods: Least-Cost Energy Decisions for Buildings". The workbook and its companion video are the third in a series of training video-workbook modules designed to assist you in using economic analysis to improve the long-run economy of your buildings. This module describes the types of investment decisions that you will have to deal with when you evaluate energy conservation projects--decisions to accept or reject a project, what design to choose, and what priority to assign candidate projects. Then it tells you how to match the different types of investment decisions with the appropriate economic methods. Although the video can be used alone, it is recommended that the workbook be used in conjunction with the video. The workbook supports the video with expanded descriptions of technical material shown in the video; figures and tables presented in the video; formulas for computing economic measures used in the video; exercises to give you practice; and a glossary of technical terms used by the video instructors.