NAC341.341. “Simple payback period” defined.

Latest version.

“Simple payback period” means the time required for the cumulative dollar value of savings in energy or water that are attributable to a green building design measure to equal the initial cost of the measure excluding the time value of money.

(Added to NAC by Pub. Works Bd. by R207-09, eff. 10-15-2010)

                    
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