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Samples in periodicals archive:
With peak electricity prices exceeding 35c/kWh, we are seeing a simple payback on installed systems come in at under 4 years.
5: Simple payback on replacement of 4-year HPS streetlights 28 Figure 2.
Due to greatly reduced energy use and low first cost, the retrofit kit was the only product to achieve a simple payback of less than 10 years, but its insufficient light output made it an unsuitable replacement for the incumbent.
It is important to understand the simple payback of the project; on occasion, rebates are available that can be factored into the calculation.
A simple payback is the time it will take to accrue savings that equal the cost of the efficiency improvement.
Simple payback for the whole project is around three years.
The cash-strapped Lambs have no money to pay extra wages but the former Nottingham Forest rookie has joined for the simple payback of being able to play.
As a result, the reliance on simple payback to evaluate energy-related investment decisions leads to making the wrong choice--and losing money as a result.