EP 1110-1-8
(Vol. 11)
31 July 03
4. OWNERSHIP COST (Continued)
b.
Facilities Capital Cost of Money (FCCM):
[[( N ) - 1.0] x [1.0 + (SLV)] + 2.0] / [2.0x ( N )] = Avg Value Factor
(1)
[3.a.]
[1.c.5.]
[3.a.]
(AVF)
[[(5.93 yr) 1.0] x [1.0 + (0.250 )] + 2.0] / [2.0 x (5.93
yr)]
=
0.688 (AVF)
( TEV ) x ( AVF ) x (Adjusted Cost - of - Money) / ( WHPY )
(2)
[2.c]
[4.b.(1)]
[Appendix B]
[Appendix B]
) x (0.688
) x (0.034
) / (1,560
hr/yr)
($223,600.00
=$
3.35 /hr
c.
TOTAL HOURLY OWNERSHIP COST: TOTAL [4.]:
=$
20.74 /hr
[4.a.(2)] + [4.b.(2)]
5. OPERATING COST
a.
Fuel Costs:
(1)
Equipment:
(Fuel Factor x (Horsepower (hp)) x (Fuel Cost Per Gallon (gal))
[1.c.(6)]
[1.a.(5)]
[Appendix B]
) x (203 hp) x ($1.34
/ gal)
=$
8.98 /hr
(0.033
(2)
Carrier:
(Fuel Factor) x (Horsepower) x (Fuel Cost Per Gallon)
[1.c.(7)]
[1.a.(6)]
[Appendix B]
) x (0
hp) x ($0.00
/gal)
=$
0.00 /hr
(0.000
(3)
Total Hourly Fuel Cost:
Total [5.a.] =$
8.98 /hr
[(5.a.(1)] + [5.a.(2)]
b.
FOG Cost:
(1)
Equipment:
(FOG Factor) x (Equipment Fuel Cost) x (Labor Adjustment Factor (LAF))
[1.c.(8)]
[5.a.(1)]
[Appendix B]
) x ($8.98
/hr) x (0.74
)
=$
2.96 /hr
(0.445
Figure 3-1. Total Hourly Rate Calculation for Overage Equipment
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