Life Cycle Cost [Energy] Law and Legal Definition

According to 10 CFR 436.11 [Title 10 Energy; Chapter II Department of Energy; Subchapter D Energy Conservation; Part 436 Federal Energy Management and Planning Programs; Subpart A Methodology and Procedures for Life Cycle Cost Analyses], the term life cycle cost means “the total cost of owning, operating and maintaining a building over its useful life (including its fuel and water, energy, labor, and replacement components), determined on the basis of a systematic evaluation and comparison of alternative building systems, except that in the case of leased buildings, the life cycle cost shall be calculated over the effective remaining term of the lease.”