SESSION 1: 2 hours

Welcome, Introduction, Course Objectives

LCC Primer
• Simple Payback Period (SPP)
• Heating, Ventilating, Air-Conditioning Example (HVAC) Example
• Time Value of Money Principles
• Heat Pump Water Heater (HPWH) LCC Example
• Net Present Value (NPV)
• Internal Rate of Return (IRR)
• Savings to Investment Ratio (SIR)
• Adjusted Internal Rate of Return (AIRR)

SESSION 2: 2 hours

LCC Primer (continued)
• Energy Efficient Fluorescent Lighting LCC Example / NPV, IRR, SIR, AIRR
• Heating, Ventilating, Air-Conditioning (HVAC) LCC Example / NPV, IRR, SIR, AIRR

How to Use LCC to Explain and Support Cost-Effective Energy Conservation Measures to Customers, Ffinancial Officers and Senior Management

SESSION 3: 2 hours

LCC Analyses Using Spreadsheets
• Heat Pump Water Heater Example
• Energy Efficient Fluorescent Lighting Example
• HVAC Example

Problem Solving Session
• Participants Use Complimentary LCC CD-ROM Spreadsheets to Solve LCC Example Problems

Course Wrap-up & Review