This fact sheet addresses the financial metrics that can be used to overcome the economic barriers to combined heat and power (CHP) projects. It provides a breakdown of payback period, net present value, benefit cost ratio, internal rate of return, and equivalent uniform annual net value and how they apply to CHP project analysis. Also considers the time value of money, risk analysis, and long-term sustainability. Published by WERF. 8 pages. Printed fact sheet and online PDF. (2012)
This project was a collaborative effort between WERF and the New York State Energy Research and Development Authority (NYSERDA). Originally funded as WERF project OWSO11C10a.