(LESLIE E. KOSSOFF/AP) By Ashley Halsey III By Ashley Halsey III April 29, 2014. With pressure mounting to avert a transportation funding crisis this summer, the Obama administration Tuesday opened the door for states to collect tolls on interstate highways to raise revenue for roadway repairs.
Avoided Cost. Avoided cost analysis is a widely accepted method for estimating the economic benefits associated with renewable energy, energy efficiency, or conservation programs. Naturally, the term âavoided costâ refers to the cost no longer incurred as the result of a project or action.
To continue the earlier example of the window fan, if energy costs 17 cents/kWh in your area, running the fan as estimated earlier for one year will cost you approximately 1.25 (kWh per day) * 365 (days--the time period) * .17 (cost of energy/kWh) = about $77.56 per year if you use the fan every day.