IECM 14.0 beta User Manual > Modules Included with the IECM > Low-Carbon Hydrogen Production & Transport > SET PARAMETERS > Overall Plant >

O&M Cost

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The parameters on the O&M Cost parameter screen define the financial assumptions associated with the operational and maintenance costs of hydrogen plants. The following parameters are available:

•Number of Operators per Shift: This parameter defines the number of operators required during each work shift to operate the hydrogen plant.

•Base Rate ($/hr): This is the hourly wage rate for plant operators. This cost is adjusted using the cost adjustment factor of the Consumer Price Index for All Urban Consumers (CPI-U).

•Operating Labor Burden (% of base): This parameter represents the additional labor-related costs beyond the base wage, expressed as a percentage of the base labor rate.

•Labor Overhead Charge (% of total labor): This parameter represents the indirect costs associated with supporting labor activities, expressed as a percentage of the total labor cost.

•Maintenance Labor (%TPC): This parameter represents the maintenance labor cost expressed as a percentage of the Total Plant Cost (TPC).

•Maintenance Material (%TPC): This parameter represents the maintenance material cost expressed as a percentage of the TPC.

•Property Taxes and Insurance (%TPC): This parameter represents the property taxes and insurance cost expressed as a percentage of the TPC.

•Water Price: This is the unit price of water. This cost is adjusted using the cost adjustment factor of the Consumer Price Index for All Urban Consumers (CPI-U).

•Electricity Price: This is the unit price of electricity. This cost is adjusted using the cost adjustment factor of the Consumer Price Index for All Urban Consumers (CPI-U).