ERIC Number: ED208492
Record Type: Non-Journal
Publication Date: 1980
Reference Count: N/A
Initial Costs vs. Operational Costs. A Study of Building Improvement Projects in Fourteen Schools in the School District of Greenville County, South Carolina.
Chan, Tak Cheung
To determine whether initial facility improvement costs were paid back by the reduced operational costs resulting from the improvement projects, this study examined the relationship between initial costs and operational costs of fourteen school buildings improved during the 1978-79 school year in Greenville County, South Carolina. With energy conservation as a goal, windows were replaced, roofs were insulated and HVAC systems were modified or replaced. Estimated annual dollar savings (from electricity payment records) were divided into the amount spent on improvement to determine the number of years required for payback. The findings indicated that ten of the fourteen buildings became more energy efficient and eight were able to pay back the initial improvement costs within their expected life span. A relationship between initial improvement costs and operational costs of school buildings was supported in that the initial costs of improvement could be repaid by the resultant reduction in operational costs. A brief review of the literature is included, which also supports these findings by showing instances of life-time savings resulting from comparatively higher initial construction costs. (Author/MLF)
Descriptors: Building Operation, Construction Costs, Cost Effectiveness, Cost Estimates, Educational Facilities Improvement, Elementary Secondary Education, Energy Conservation, Life Cycle Costing, Operating Expenses, School Buildings
Office of School Facilities Planning, The School District of Greenville County, Box 2848, 301 Camperdown Way, Greenville, SC 29602 (free).
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Greenville County School District, Greenville, SC.