Just because a new piece of farm equipment is more energy efficient doesn't mean that replacing older equipment is a wise investment. Learn how to calculate simple payback for energy savings. Find out how quickly the returns from reduced energy costs will help the investment reach its break-even point.
Iowa State University Extension and Outreach
- Agricultural and Biosystems Engineering,
Iowa State University Extension and Outreach publications in Digital Repository @ Iowa State University are made available for historical purposes only. The information contained in these publications may be out of date. For current publications and information from Iowa State University Extension and Outreach, please visit http://www.extension.iastate.edu.
H. Mark Hanna, Jay D. Harmon and Dana Petersen. "Farm Energy: Estimating payback for energy efficiency" Ames, IA(2011)
Available at: http://works.bepress.com/mark_hanna/138/