The additional cost incurred from putting in the recommended energy efficient measure, rather than just repairing or replacing that particular item with the minimum approved by applicable codes. Incremental Cost = Cost of Energy Efficient Measure - Cost of Minimum Required Measure
The change in total costs when output is increased or decreased by an increment or block of output for which costs can be accurately determined, usually calculated as the change in cost divided by the change in volume (for example as cents per Mcf); marginal cost.
The additional cost that the GEF funds between the cost of an alternative project that a country would have implemented in the absence of global environmental concerns and a project undertaken with global objectives in mind. It is a measure of the future economic burden on the country that would result from its choosing the GEF-supported activity in preference to one that would have been sufficient in the national interest.
The cost of one more item after the cost of an initial quantity has been established. For example, assume that 10,000 catalogs will cost you $20,000 dollars to produce and print ($2.00 each). If you increase the quantity to 12,000 and the price increases to $22,000, the additional 2,000 are costing you only $1.00 each (the incremental cost).
The additional costs incurred from the production or delivery of an additional number of units of gas, usually the minimum capacity or production that can be added. The additional cost divided by the additional capacity or output is defined as the incremental cost. Also, in DSM, the difference in costs between an efficient technology or measure and the alternative standard technology.
The change in total costs when output or consumption is increased or decreased by one unit (e.g., one kilowatt-hour). Normally calculated as the change in cost divided by the change in volume. Also known as marginal cost.
The additional cost of an additional quantity. It is similar to marginal cost, except that marginal cost refers to the cost of next unit. Incremental cost might be the additional cost from the next 200 units. To Top
1) Cost added in the process of finishing an item or assembling a group of items. If the cost of the components of a given assembly equals $5 and the additional cost of assembling the components is $1, the incremental assembly cost is $1, while the total cost of the finished assembly is $6. 2) Additional cost incurred as a result of a decision.