Cost Of Delay Calculator

Enter the last month’s cost ($) and the peak reduction cost ($) into the Calculator. The calculator will evaluate the Cost of Delay. 

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Cost of Delay Formula

COD = LMC + PRC

Variables:

• COD is the Cost of Delay ($)
• LMC is the last month’s cost ($)
• PRC is the peak reduction cost ($)

To calculate the Cost of Delay, sum the last month’s cost and the peak reduction cost.

How to Calculate Cost of Delay?

The following steps outline how to calculate the Cost of Delay.

1. First, determine the last month’s cost ($). 
2. Next, determine the peak reduction cost ($). 
3. Next, gather the formula from above = COD = LMC + PRC.
4. Finally, calculate the Cost of Delay.
5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

last month’s cost ($) = 500

peak reduction cost ($) = 600