Whole life cycle cost plans.
We can prepare detailed whole life cost plans to aid selection of the most suitable products, following pareto analysis of the project we compare relative products, life cycle costs will be based on. The following formula considers the main factors to consider. Including the energy cost.
Life Cycle Costs = [Years x (ExHrs+B+Rp+M+F+X)] + (C+D+En)
Note each factor should be multiplied by an inflation element which will be different for each element (not shown for simplicity).