Standardization of method for determining and comparing power costs in steam plants

H. G. Stott, W. S. Gorsuch
1913 Proceedings of the American Institute of Electrical Engineers  
OF P A P E R The fundamental basis of determining and comparing the cost of power should be, per kilowatt-hour net output. 1. Method of determining the cost of power by groups and individual items, followed by discussion. 2. Discussion of a method for providing an amortization fund from life expectancy tables for replacing and renewing building and equipment. 3. Method of determining t h a t portion of Administration Expenses chargeable to the cost of power, followed by discussion. Equitable
more » ... ssion. Equitable basis of comparing costs of power in different plants and under different conditions. 1. Definition of load factor with a discussion of its influence on the cost of power, followed by a method of correcting costs for comparative purposes. 2. " Reduction Factor " for comparing the relative values of fuel having different costs and calorific values. 3. " Reduction Factor " for comparing the relative labor costs. 1098
doi:10.1109/paiee.1913.6660782 fatcat:lxpsh3qt5facfjj7vzhozrrw7q