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.

- First, determine the last month’s cost ($).
- Next, determine the peak reduction cost ($).
- Next, gather the formula from above = COD = LMC + PRC.
- Finally, calculate the Cost of Delay.
- 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