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Author
Chen, P. T.
Title
Economic Analysis of the Norris Cotton Federal Office Building. Final Report.
Coporate
National Bureau of Standards, Washington, DC
Sponsor
Department of Energy, Washington, DC
Report
NBSIR 78-1568, November 1978,
Distribution
Available from National Technical Information Service
Keywords
office buildings; cost effectiveness; construction costs; design criteria; cost engineering; cost comparison; benefit cost analysis; economic models; New Hampshire
Identifiers
energy conservation; norris cotton federal office building; manchester (New Hampshire); life-cycle cost
Abstract
The Norris Cotton Federal Office Building in Manchester, New Hampshire, has been constructed and occupied by the General Services Administration to demonstrate energy conservation techniques in the design and operations of a contemporary office building. This post-occupancy economic evaluation conducted by the National Bureau of Standards shows that additional construction costs incurred in order to reduce the energy consumption of the building are adequately offset by the present value of the resulting annual energy savings. In the economic model, the actual construction cost and energy consumption of the constructed building are compared with the estimated construction cost and energy consumption of a hypothetical equivalent conventional building. The present value costs of the two buildings are calculated for each year during a 40-year study period.