| Abstract |
The objective of this document is to provide a general set of guidelines that may be consistently applied for collecting, evaluating, and reporting the costs of technologies tested under the Environmental Technology Verification (ETV) Program. Because of the diverse nature of the technologies and industries covered in this program, each ETV pilot has the flexibility for any of the following options to be used: No cost evaluation Itemization of costs Estimation of capital investment and operation and maintenance (O&M) costs Calculation of total annualized cost, simple payback period, or present value. The four cost options are incremental; each successive option builds on and incorporates all of the elements of the previous options to provide a comprehensive cost evaluation. A comprehensive reporting format, which includes cost evaluation objectives and data collection methods, estimates of capital investment and O&M costs, cost analysis, list of assumptions, technical factors affecting costs, and intangible benefits and/or disadvantages of the technology, is recommended. |
