The rates on this page are for UW project teams conducting life cycle cost analyses (LCCA) as mandated by University and state requirements. Rates are updated annually in March.
Using the Life Cycle Cost Tool
- Open the Life Cycle Cost Tool (LCCT), which is hosted by the state Office of Financial Management (OFM).
- On the “General Info” tab, go to the “Key Variables” section and select “OFM”
- Do not select anything in the “Finance 1st Purchases for” section
- Use the following reference for useful life: RS Means Facilities Maintenance and Repair Costs Data
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Incorporate residual value (e.g. salvage value) at end of LCCA time period
Current rates
Utilities
Natural gas
- Seattle: Use the latest Puget Sound Energy (PSE) rate schedule
- Power Plant Schedule 87
- < 10k Therms/meter Schedule 31
- > 10k Therms/meter Schedule 41
- Bothell: Use the latest PSE rate schedule for Schedule 41
- Tacoma: Use the latest PSE rate schedule for Schedule 41
Water
- Seattle: Use City of Seattle commercial rates
- Bothell: Use City of Bothell commercial rates
- Tacoma: Use Tacoma Public Utilities commercial general rates
Sewer
- Seattle: Use City of Seattle rates
- Bothell: Use City of Bothell commercial rates
- Tacoma: Use City of Tacoma commercial rates
Electricity
- Seattle: Use City of Seattle rates
- Bothell: Use Snohomish PUD largest business rates
- Tacoma: Use Tacoma Public Utilities rates, Schedule G or HVG
Steam
- Seattle: Use FY23 average rate of $11.42/ 1,000 pounds
Central cooling water
- Seattle: Contact UWF Finance and Andrew Fenzl for current rate.
Diesel and gasoline
- Use AAA average gas prices based on location of project.
Labor and maintenance
- Use UW Facilities labor rates
- Estimated labor costs should be the labor rate * (average of RS Means Facilities Maintenance and Repair Costs Data and The Whitestone Building Maintenance and Repair Cost Reference equipment costs) * 2
- First year maintenance to include but is not limited to preventive maintenance (e.g. regular equipment walk thrus, building walk thrus), software licensing, etc.
- Include intermediate major overhaul costs in maintenance/repair costs (e.g. chiller bearing replacement or VFD replacements)
- Installed cost to include but is not limited to commissioning cost, additional design fees (internal and external), proprietary software and IT infrastructure costs (e.g. servers, database maintenance).
Carbon emission factors
- Use $52.20 per MgCO2e current auction rate