Generator Cost Equation:
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The Generator Cost per kWh equation calculates the total cost to produce one kilowatt-hour of electricity from a generator, accounting for both fuel costs and maintenance expenses.
The calculator uses the Generator Cost equation:
Where:
Explanation: The equation first calculates the fuel cost component by dividing fuel cost by efficiency, then adds the maintenance cost per kWh.
Details: Accurate cost per kWh calculation is crucial for comparing generator economics, budgeting for energy production, and making informed decisions about energy systems.
Tips: Enter fuel cost in $/unit, efficiency in kWh/unit, and maintenance cost in $/kWh. All values must be valid (positive numbers, efficiency > 0).
Q1: What units should I use for fuel cost?
A: Use consistent units (e.g., if fuel is measured in gallons, use $/gallon and kWh/gallon for efficiency).
Q2: How do I determine generator efficiency?
A: Efficiency is typically provided by the manufacturer or can be calculated from energy output divided by fuel input.
Q3: What's included in maintenance costs?
A: Include all periodic maintenance, repairs, and part replacements averaged per kWh produced.
Q4: Should I include capital costs?
A: This calculator focuses on operational costs. For complete analysis, consider adding amortized capital costs separately.
Q5: How accurate is this calculation?
A: Accuracy depends on input precision. Real-world costs may vary with load factors, fuel quality, and operating conditions.