A life cycle cost analysis covers the cost of a system over its entire life span. Typical cost factors to consider when purchasing a natural gas delivery system (in order of priority):

•  Cost of down time (loss of production, cost of repairs)

•  Operating cost (including the impact of the efficiency of the system and energy consumed)

•  On-going service or preventative maintenance costs

•  Expected operation life of the system

•  Initial cost (design, components, assembly, delivery, installation and any losses due to delays in startup time) typically accounts for 8.44% of the total Life Cycle Cost.

•  Disposal costs or salvage value