Ohio Admin. Code 3318-3-04 - Procedures and guidelines for new and renovated facilities
(4) Supply all pertinent data
summarizing the life-cycle cost analysis to the office of energy services for
review and evaluation.
(B) After the completion of the
facility's design development stage, an energy consumption analysis shall be
performed for the purpose of estimating the expected energy consumption and
associated cost of the proposed facility.
A state agency shall supply all
pertinent energy consumption data to the office of energy services for review
and evaluation. This data shall include but not be limited to:
(1) Expected annual energy usage and
initial cost by energy type.
(2) Distribution of expected energy
consumption by major building systems.
(3) Energy performance index of the
proposed design.
(4) Capitalization of the initial
construction costs.
(D) The following economic
methodological assumptions shall be utilized in computing life-cycle
costs:
(1) The study period shall consider
the economic life of the facility, which may include the number of years during
which the proposed facility is not expected to undergo major renovation or
major changes in utilization.
(2) Future costs shall not include
adjustments for general inflation but shall include any known utility rate
adjustments approved by the public utilities commission.
(3) The time value or alternative
investment value of money shall be considered by discounting future cost to
present value. The discount rate shall be in accordance with generally accepted
practices.
Notes
Promulgated Under: 119.03
Statutory Authority: 123.21, 123.22(D)
Rule Amplifies: 123.22
Prior Effective Dates: 12/30/1980, 02/16/2010, 04/02/2012, 01/10/2016
Promulgated Under: 119.03
Statutory Authority: 123.21, 123.22(D)
Rule Amplifies: 123.22
Prior Effective Dates: 12/30/1980, 02/16/2010, 4/2/2012
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