This analysis included extended roof life energy savings and stormwater fee reduction in the economic benefits that the green roof provided.
Roof life cycle cost analysis.
According to an extensive study performed by a leading roof consultant due to the shorter life span of an asphalt roof as well as uv degradation the asphalt roof will cost 23 300 in maintenance costs over 20 years where the white roof will only run you about 5 800.
Life cycle cost analysis energy cost represent the largest of the financial obligations for building owners and often exceed the installed roof system cost.
They found the green roof to be 7 more expensive than the conventional roof over this time.
A property owner makes the decision to get a loan to install a 30 000 photovoltaic rooftop system.
Life cycle cost analyses have become valuable tools to the construction industry as a better method of measuring the value of a product over its service life.
It has been used successfully by roofing material manufacturers to position more costly but higher valued materials over lower cost less durable systems.
The total life cycle cost over 20 years not incorporating a present value analysis tells a different story.
The premium white membrane roof will cost 46 600.
Any property manager or owner should be familiar with the concept of life cycle costing.
Life cycle cost analysis lcca sounds like a complicated term but it is actually a business 101 concept.