Equivalent annual cost
Life Cycle Costing (BG 67/2016), written by David Churcher and Peter Tse and published by BSRIA in March 2016, defines equivalent annual cost as: ‘The expression of life cycle cost in annual terms rather than as a year 0 value. Equivalent annual costs are the only way to compare life cycle costs for two alternatives where the models use different study periods.’
--BSRIA
See also: Annual equivalent cost
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