Life Cycle Costing (LCC)

Up to 95% of a motor’s costs can be attributed to the energy it consumes over its lifetime, while only around 5% of a motor’s costs are typically attributed to its purchase, installation, and maintenance. When selecting and purchasing a motor, it is therefore important to consider the lifecycle costs of that motor rather than just its initial purchase and installation costs. Despite its clear benefits, LCC may not be adopted due to lack of communication between departements that are responsible for purchasing equipment and for paying electricity bills. Therefore, savings may depend on a corporate policy facilitating better communication and coordination among relevant departments.

Development Status Products

Life Cycle Costing (LCC)Costs & Benefits

Parent Process: Electrical Motors
Energy Savings Potential
CO2 Emission Reduction Potential

Life Cycle Costing (LCC) Guidelines