Life-cycle cost analysis of major appliances☆

The Department of Energy has proposed energy efficiency standards for eight types of appliances. One of the criteria used to establish these standards is the economic impact of the standard on the consumers of the regulated products. A life-cycle cost analysis was performed for 32 classes of these eight appliances in order to gain a measure of the economic impact of equipment purchases on the consumer. Simple payback times were also computed to indicate how much time is required for the consumer to recapture his or her initial added investment in a more efficient product.