These forms & worksheets are included to provide a structure for collecting and organizing the information needed to evaluate waste reduction opportunities. Additionally, they can be a record of your waste minimization efforts for compliance purposes.

Note for Online Version: Print out the forms & the hardcopy versions for your records. Each form and worksheet is hyperlinked to the primary corresponding discussion in Chapter Three: Your Waste Minimization Program.

Economic Feasibility Worksheet (WS-5)

Refer to Your Waste Minimization Program: Conducting A Waste Reduction Assessment

Option: _______________________________ Date: __________
Wastestream(s) Affected: ___________________________________

Use this worksheet and the Hazardous Waste Management Cost Worksheet (WS-1) to determine the net savings or costs of alternative waste reduction options. Copy the form as many times as needed.

Determining Estimated Annual Savings

Itemization of Costs/Savings	System - ($/Year)	System* = ($/Year)	Savings** ($/Year)
Waste Management Costs (use WS-1) (for all wastes affected and any new wastes created)	________	________	________
Raw Materials,Utilities, Labor Costs, etc. (related to general operations, not waste management, which were accounted for on WS-1)	________	________	________
Other Costs/Savings***	________	________	________
Total Annual Amounts	________	________	1.________

*Base estimates on current level of production (use a negative "-" number to indicate a savings only, i.e. no cost)

**(a negative "-" result in this column indicates a net cost****)

***Potential savings related to reduced hazardous materials and waste at your facility which may be difficult to quantify but deserve consideration include:

• Reduced employee injury/illness and related workers compensation insurance premiums
• Reduced requirements and costs for worker health and safety protection and emergency preparation
• Reduced pollution liability insurance premiums
• Avoided legal fines and cleanup costs

Determining Payback Period

Capital Costs

• Estimated one-time capital expenses for additional land, construction, or equipment:
  (e.g. training, lost production time, building permits, project engineering, construction, equipment installation, forgone interest rates, etc.)
  2. $_________

• If applicable, adjust for revenue from the sale of equipment and/or supplies no longer needed, depreciation, tax rebates, etc.:
  - 3. $_________
  
  
  Net Capital Costs 4. $_________

  Payback Period	=	Net Capital Costs ------------------------------- Estimated Annual Savings****
  	=	Line 4 ------- Line 1
  5.	=	________ years

****If there is no annual savings (i.e. new system has a net cost), there is no payback period. Such options may still be implemented if they serve another purpose, such as compliance.