Engineering Economics Analysis
Energy efficiency reduces the amount of electricity and/or fuel required to power or heat homes, offices and industries. It is one of the most important, effective, and inexpensive ways of working to reduce the effects of global warming in our communities. The energy efficiency industry uses total resource costs models to calculate the benefit cost of a project to decide whether to use public funds to incent implementing energy efficiency projects through a monetary rebate given to the end user.
Daniel, Agu-Ibe; Suha, Ardahan; Ryan, Fedie; Ujjal, Pathak; and Sharma, Sharma P., "Valuing Energy Efficiency Projects using Cost Benefit Analysis" (2008). Engineering and Technology Management Student Projects. 1096.