Levelised energy cost (LEC, also commonly abbreviated as LCOE) is the price at which electricity must be generated from a specific source to break even. It is an economic assessment of the cost of the energy-generating system including all the costs over its lifetime: initial investment, operations and maintenance, cost of fuel, cost of capital, and is very useful in calculating the costs of generation from different sources.

For Solar Photovoltaics See also[edit | edit source]

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License CC-BY-SA-3.0
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Aliases Lcoe, Levelized cost of electricity
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Created October 19, 2011 by Joshua M. Pearce
Modified June 6, 2022 by Irene Delgado
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