HOMER Pro 3.16
The Economics page under the Project tab contains the following variables.
Variable |
Description |
The rate at which future nominal costs are discounted, in % |
|
Expected inflation rate |
The inflation rate that is expected over the project life, in % |
The number of years over which the net present cost of the project should be calculated |
|
The fixed capital cost that occurs regardless of the size or architecture of the system, in $ |
|
The fixed annual costs that occur regardless of the size or architecture of the system, in $/yr |
|
A penalty applied to the system for any capacity shortage, in $/kWh |
Note: To the right of each numerical input is a sensitivity button (
) that allows you to do a sensitivity analysis on that variable. For more information, see Why Would I Do a Sensitivity Analysis?
HOMER calculates the Real discount rate, which is the discount rate used to convert between one-time costs and annualized costs (in %).
Select the currency you want to use from the Currency drop-down menu.
