Life Cycle Costing Applications in Sustainable Building
2009
Hartungi, Rusdy | Pye, Christopher John
Life Cycle Costing (LCC) which is defined ISO 15686-5:2005 is used to assess the sustainable and renewable technology used in building. The results indicate that the premium cost of sustainable/renewable technology in building is surprisingly lower than many have expected. The life time saving benefits are mainly coming from energy savings. However benefits might also come from improved indoor environmental quality, greater employee comfort/productivity, reduced employee health costs and lower operations and maintenance costs. These benefits will normally greatly exceed any additional upfront premium costs. The information derived from this study will assist people to be aware of the life cycle cost and benefit of sustainable and renewable technology in building. It will also provide the architect/engineer the information about energy conservation potential acquired via energy saving and conservation.
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