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Levelized Cost of Energy (LCOE). The LCOE is the total cost of installing and operating a project expressed in dollars per kilowatt-hour of electricity generated by the system over its life.
Definition: Aggregate Level Cost Method. This method is mainly used in the context of pension plans for calculation of the cost and benefit associated with a particular pension plan. An aggregate level cost method calculates the cost and benefit of a particular pension plan over the entire term of the planâs life. It is different from the individual level cost method. 1) All benefits of the pension plan are analyzed as follows: the total amount, total cost and the time of (contingent) payment.