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Why is life‐cycle costing important when retrofitting buildings
Author(s) -
Gustafsson StigInge,
Karlsson Björn G.
Publication year - 1988
Publication title -
international journal of energy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.808
H-Index - 95
eISSN - 1099-114X
pISSN - 0363-907X
DOI - 10.1002/er.4440120206
Subject(s) - retrofitting , doors , apartment , activity based costing , engineering , energy (signal processing) , architectural engineering , civil engineering , mechanical engineering , economics , statistics , mathematics , accounting , structural engineering
Using life‐cycle costing (LCC) gives us a means to find the best retrofit strategy for an apartment block. This method also shows us how important it is to consider the whole existing building as an energy system. If the best heating system is put into the house almost every shield retrofit is unprofitable. Having heating systems, with high variable costs combined with exhaust ventilation air pumps, sometimes makes it unprofitable to caulk the windows and doors. This article also shows the importance of using the accurate prices for the energy. Short‐range marginal costs (SMRC) gives different retrofit strategies than normal tariffs used today. This also means that the retrofits do not correspond to the optimal use of the total national energy system and already scarce resources are used unnecessarily.