Life cycle cost (LCC) analysis helps to understand the cost of a project considering not only the capital costs of construction, but also the operating costs including energy, and maintenance, repairs and upgrades throughout its whole lifecycle delivering an estimate of the total cost of the building from cradle to grave.
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life cycle costing
life cycle costing (LCC) Life cycle cost (LCC) analysis helps to understand the cost of a project considering not only the capital costs of construction, but also the operating costs including energy, and maintenance, repairs and upgrades throughout its whole lifecycle delivering an estimate of the total cost of the building from cradle to grave. LCC can help to quantify sustainability elements in a project into economic terms. For example if you are considering a gas based heating system, this may on paper look cheaper to install than an air source heat pump, but the energy costs trend in the electrical systems favour into the future and maintenance costs tend to be cheaper, therefore over a lifecycle, the electrical system may end up being more economical than a gas based one. Similarly by increasing insulation on the building, the energy required to heat and cool the building over its lifecycle may outweigh any initial capital investment. By undertaking these analysis, Ingleton Wood can help you evaluate the sustainability options from an early stage in your project and help to deliver an economic project not only at capital stage but throughout its life. We can use the Passivhaus methodology or through the RICS methodology. We can write the report for DREAM and BREEAM where we can achieve up to 4 credits (3 DREAM).
how Ingleton Wood can help you • Energy strategies • Zero carbon strategies • Sustainability and energy statements • Building Regs compliance and advice (Part L, Part O and Part G) • London Plan compliance • Low and zero carbon technologies report • Thermal comfort using dynamic thermal modelling • Daylight and sunlight assessments • Green performance plan • Post occupational evaluation (POE) • Passivhaus (PHPP) modelling • BREEAM including new construction domestic (formerly HQM) assessments
• Embodied carbon • Whole Life carbon
to learn how life cycle costing can assist you in managing your project, click here .
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