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

## 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