ABSTRACT
Cost is a basic and crucial decision-making factor in the selection of air-pollution control equipment. Evaluating costs can be straightforward, as long as there is an understanding as to the objective of the analysis and an appreciation of the time value of money. The classic cost trade-off is between capital and operating costs. This chapter is designed to assist the practicing engineer with cost engineering techniques for estimating capital cost of equipment and for determining the annualized cost of operating air-pollution control systems, such as required for the cost analysis portion of a BACT analysis. It is not intended to cover detailed cost accounting methods that include different types of depreciation and taxes.
