Farm Energy: Estimating payback for energy efficiency

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2011-11-01
Authors
Harmon, Jay
Petersen, Dana
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Hanna, H. Mark
Extension Agricultural Engineer
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Harmon, Jay
Associate Dean
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Agriculture and Natural Resources
Abstract

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.

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