Simple Leveled Lighting Calculator
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WHAT IS IT?
A simple calculator for comparing the levelized costs of two energy services investments. See http://www.ase.tufts.edu/gdae/education_materials/modules/RenewableEnergyEcon.pdf for a good, but dated (renewables are much cheaper now) overview of renewable electric power economics.
Note the formula, which is not quite ours,
For an energy source with constant energy production and no operating cost, the levelized cost of energy (LCOE) per kilowatt hour (kWh) can be calculated as:
annualized capital cost / annual kWh production
Note that an average of 3 hours a day of use throughout the year is the use case printed on the packaging by the manufacturer for comparison purposes. Seems reasonable, but who knows?
HOW IT WORKS
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HOW TO USE IT
(how to use the model, including a description of each of the items in the Interface tab)
THINGS TO NOTICE
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THINGS TO TRY
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EXTENDING THE MODEL
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NETLOGO FEATURES
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RELATED MODELS
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CREDITS AND REFERENCES
Copyright 2017 Steven O. Kimbrough
This work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc-sa/3.0/ or send a letter to Creative Commons, 559 Nathan Abbott Way, Stanford, California 94305, USA.
Commercial licenses are also available. To inquire about commercial licenses, please contact Steven O. Kimbrough at kimbrough@wharton.upenn.edu.
Comments and Questions
to-report AgivenP [K r n] ; Given an initial capital outlay of K, an interest rate of r ; and a project lifetime of n periods (years) after which the ; capital purchased has zero value, the annualized capital cost ; is ; K(r(1+r)^n)/((1+r)^n - 1)) ; This really isn't a list problem, but so what. let numer r * (1 + r) ^ n let denom (1 + r) ^ n - 1 report K * numer / denom end to-report hoursperyear [hoursperday] report hoursperday * 365.25 end to-report annualusagecost [hoursperday watts centsakwhour] let hours hoursperyear hoursperday let kwHours watts * hours / 1000 report centsakWhour * kWhours / 100 end to loada if item-type = "Greenlite LED" [ set A-price 1.58 set A-life-in-years 13.6 set A-watts 9 output-print (word "A:\n" "Greenlite LED\n60 Watts Equivalent 800 lumens") ] if item-type = "GE Soft White"[ set A-price 1.58 set A-life-in-years 0.9 set A-watts 29 output-print (word "A:\n" "GE Soft White (incandescent)\n" "40 Watts Equivalent " "430 lumens") ] end to loadb if item-type = "Greenlite LED" [ set B-price 1.58 set B-life-in-years 13.6 set B-watts 9 output-print (word "B:\n" "Greenlite LED\n60 Watts Equivalent 800 lumens") ] if item-type = "GE Soft White"[ set B-price 1.58 set B-life-in-years 0.9 set B-watts 29 output-print (word "B:\n" "GE Soft White (incandescent)\n" "40 Watts Equivalent " "430 lumens") ] end to load-column [column] if item-type = "Greenlite LED" [ run (word "set " column "-price 1.58") run (word "set " column "-life-in-years 13.6") run (word "set " column "-watts 9") output-print (word column ": (default)\n" "Greenlite LED\n60 Watts Equivalent 800 lumens") ] if item-type = "GE Soft White"[ run (word "set " column "-price 1.58") run (word "set " column "-life-in-years 0.9") run (word "set " column "-watts 29") output-print (word column ": (default)\n" "GE Soft White (incandescent)\n" "40 Watts Equivalent " "430 lumens") ] if item-type = "GE Halogen" [ run (word "set " column "-price 5.49") run (word "set " column "-life-in-years 0.9") run (word "set " column "-watts 29") output-print (word column ": (default)\n" "GE Halogen\n" "40 Watts Equivalent " "430 lumens") ] if item-type = "Standard 60 W incandescent" [ run (word "set " column "-price 0.0") run (word "set " column "-life-in-years 0.9") run (word "set " column "-watts 60") output-print (word column ":\n" "Standard incandescent\n" "60 Watts " "800 lumens") ] end to setdefaults set item-type "Greenlite LED" load-column "A" set item-type "GE Soft White" load-column "B" end to-report a-b-payback-period if a-price <= b-price [ report "A must cost more than B for this analysis."] let diff (a-price - b-Price) let b-annual annualusagecost hours-per-day B-watts centsperkwhour let a-annual annualusagecost hours-per-day A-watts centsperkwhour report diff / (b-annual - a-annual) end
There is only one version of this model, created almost 8 years ago by Steven Kimbrough.
Attached files
File | Type | Description | Last updated | |
---|---|---|---|---|
Simple Leveled Lighting Calculator.png | preview | Preview for 'Simple Leveled Lighting Calculator' | almost 8 years ago, by Steven Kimbrough | Download |
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