Levelized Cost of Energy (LCOE)

Calculate Levelized Cost of Energy (LCOE) instantly with the exact formula and a worked example.

Levelized Cost of Energy (LCOE)

CAPEX
OPEX/yr
Energy/yr, MWh
Term, years
r/yr
LCOE
72.1511$/MWh
(CAPEX + Σ OPEX/(1+r)^t) / Σ E/(1+r)^tCalculate Levelized Cost of Energy (LCOE) instantly with the exact formula and a worked example.
LCOE
72,15

More about: Levelized Cost of Energy (LCOE)

What it calculates

The “Levelized Cost of Energy (LCOE)” calculator computes LCOE in $/MWh from 5 parameters: capex, opex/yr, energy/yr, mwh, term, years, r/yr.

A standard physics formula used in educational and engineering tasks.

Example calculation

With parameters CAPEX = 1,000,000, OPEX/yr = 30,000, Energy/yr, MWh = 1,500, Term, years = 25, r/yr = 0.06 the result is 72.15 $/MWh ((CAPEX + Σ OPEX/(1+r)^t) / Σ E/(1+r)^t).

How to use

  1. Enter capex, opex/yr, energy/yr, mwh, term, years and r/yr — each field above is adjustable with a slider.
  2. LCOE ($/MWh) is calculated automatically as you type.
  3. Check the worked example below to see the formula applied to real numbers.
  4. Copy the result or bookmark this calculator.

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FAQ

How is Levelized Cost of Energy (LCOE) calculated?
The Levelized Cost of Energy (LCOE) calculator computes LCOE (in $/MWh) from capex, opex/yr, energy/yr, mwh, term, years, r/yr. Enter your values above and the exact formula is applied instantly; a worked example with real numbers is shown below.
Is the Levelized Cost of Energy (LCOE) calculator free?
Yes. It is completely free, needs no signup, runs entirely in your browser, and sends no data to any server.

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