| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 48.68 |
| Liaison | Darcy Coughlan |
| Submission Date | Nov. 24, 2015 |
| Executive Letter | Download |
Coastal Carolina University
OP-16: Life Cycle Cost Analysis
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 1.00 |
Jennifer
Sellers Sustainability Coordinator Sustainability |
Does the the institution employ Life Cycle Cost Analysis (LCCA) as a matter of policy and practice when evaluating energy and water-using products and systems?:
Does the institution employ LCCA as a matter of policy and practice across the operations of the entire institution (i.e. all divisions)?:
A brief description of the LCCA policy(ies) and practice(s):
A life cycle cost analysis ("LCC") is used to measure the total cost of a green building project through the lens of the project's entire useful life. CCU works through the LEED certification in order to employ LCCA.
The LCC measures the opportunity cost of one investment vs. another alternative and provides data as to which might provide a better return on investment (ROI).
In contrast to a simple payback analysis, the LCC examines not only the initial cost of a project, but also the expected operations, maintenance, financing, useful life and any salvage value (residual) that the project may have at the end of its life. The LCC considers all of these future factors and then calculates a present value of the future investment using a discount rate % that is specific to the investor's requirements. The discount rate that is typically used is the investor's required rate of return on an investment.
The website URL where information about the institution’s LCCA policies and practices is available:
Data source(s) and notes about the submission:
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.