Retrofit Payback with Maintenance Calculator Australia

Estimate simple payback from annual kWh saving, energy rate, project cost and maintenance saving.

Payback check

Energy saved, rate, project cost and maintenance saving

Enter the annual kWh saving, the energy rate, the project cost and an annual maintenance saving. The page shows simple payback only.

Estimated annual lighting energy reduction used for simple payback.

User-entered electricity rate for the estimate.

User-entered cost included in the simple payback estimate.

User-entered annual maintenance saving included in the simple payback estimate.

Formula

annual energy saving = annual kWh saved x rate / 100; total annual saving = energy saving + maintenance saving; payback = project cost / annual saving

Simple payback compares one project cost with the annual energy saving plus any entered annual maintenance saving.

VariableTechnical meaningDesign check
Annual kWh savedEnergy reduction used in the payback note.Keep the same basis as the rate.
Energy rateEntered cents per kWh.Converted into annual AUD saving.
Project costUser-entered project cost in AUD.Cost basis for the simple payback.
Maintenance savingUser-entered annual maintenance saving in AUD.Added to the energy saving.
Payback yearsProject cost divided by annual saving.Shown only when the saving is positive.

Related calculators

Related tables

Related terms

Related pages