DRIP-MICRO IRRIGATION
PAYBACK WIZARD

 

getting started is easy

DRIP-MICRO IRRIGATION PAYBACK WIZARD

THANK YOU for considering the investment in a DRIP-MICRO IRRIGATION SYSTEM.



REPORT


Data you entered:

WELCOME!

In as few as four steps, this payback wizard will quickly provide an estimate of how long it will take to recover the costs of investing in a drip-micro irrigation system and estimate how many additional acres could be irrigated with conserved water.

1 arrow Answer the five easy questions to the right and click calculate
2 arrow View calculated report
3 arrow If desired, customize the report to reflect your actual conditions
4 arrow Print your report and contact a national drip-micro manufacturer for further assistance
1 arrow   Step 1

Just answer the five questions below and click the calculate button to view the initial report.

Please enter your data below:

State:
Crop:
Acres:
Current Irrigation Type:
Water Cost Per Acre Foot:

2 arrow   Step 2   Current SystemarrowDrip-Micro System
 
CURRENT SYSTEM
DRIP-MICRO SYSTEM
Operating Costs (per acre)
 
Water:
$
$
Energy:
$
$
Fertilizer:
$
$
Chemical:
$
$
Irrigation Labor:
$
$
Maintenance:
$
$
Cultural:
$
$
Equipment:
$
$
Harvest Costs:
$
$
Revenue (per acre)
 
Yield:
Revenue/Unit:
$
$
Investment (per acre)
 
Grower net for new system:
$
Cost Share:
$
Net system investment cost:
$
Estimated payback period is approximately:    
Estimated additional acres that could be irrigated:    
 
This is an estimation tool under typical growing conditions using government sources of data and multiple assumptions, and should not be relied on to accurately calculate actual cost of production, resource use, crop yields, crop quality, or revenue.

THANK YOU for your input.
The estimated payback
period for investing in a
DRIP-MICRO
IRRIGATION SYSTEM
per the information you
entered will be approximately:
 years

By converting to DRIP-MICRO,
the water saved could allow you
to irrigate an additional
 acres

3 arrow   Step 3

You may alter any of the variables associated with operating costs, yields or investment by simply clicking the individual items within the report, or the field access icons below.

PLEASE CLICK ICONS TO REVISE VARIABLES Click to revise Operating Costs Click to revise Revenue Click to revise Investment

Once you are satisfied with the changes you have made, click calculate to revise the report.

4 arrow   Step 4

Click the print icon below to print out your report and to contact a national manufacturer.

Print Report
Start Over
This is an estimation tool under typical growing conditions using government sources of data and multiple assumptions, and should not be relied on to accurately calculate actual cost of production, resource use, crop yields, crop quality, or revenue. Production financials are based on industry averages. The Irrigation Application Uniformity decimals are based on NRCS data (click here to view sources). You are encouraged to customize the data to reflect your situation more accurately.
© 2008 IA Drip-Micro Common Interest Group Market Development Subcommittee
3 arrow   Step 3 Operating Costs Yields Investment
Customize your operating cost data in order to reflect your current situation more accurately.
Current System       Drip-Micro
         ($/ac)            Multiplier (%)
Water:
Energy:
Fertilizer:
Chemical:
Irrigation Labor:
Maintenance:
Cultural:
Equipment:
Harvest Costs:
The cost of water per acre is determined by the following formula:

(Annual Crop ET / Irrigation Application Uniformity decimal)
x
Water Cost per Acre Foot
This decimal is multiplied by the current water cost to generate the drip water cost. It reflects the improvement in application uniformity converting from gravity to drip (.67/.88 = .761), from sprinkler to drip (.68/.88=.773) and from mechanized to drip (.77/.88)=.875.
The cost per acre of fuel (gas, electric or diesel) to pump or transport water to the crop.
The multiplier coefficient is used to determine the cost for energy per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of buying and applying fertilizer.
The multiplier coefficient is used to determine the cost for fertilizer per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of buying and applying chemicals.
The multiplier coefficient is used to determine the cost for chemicals per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of labor directly involved in irrigation.
The multiplier coefficient is used to determine the cost for irrigation labor per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of parts, materials and labor to repair and maintain the irrigation system.
The multiplier coefficient is used to determine the cost for maintenance per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of tillage operations including cultivation, mowing, tilling and shaping.
The multiplier coefficient is used to determine the cultural costs per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The cost per acre of new software, technology, system upgrades, etc.
The multiplier coefficient is used to determine the cost for equipment per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The total annual cost of harvesting the crop per acre.
The multiplier coefficient is used to determine the harvest cost per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
Next
3 arrow   Step 3 Operating Costs Yields Investment
Customize your revenue data in order to reflect your current situation more accurately.
Current System       Drip-Micro
(units/ac, $/unit)     Multiplier (%)
Yield:
Revenue/Unit:
Per acre units of crop produced and harvested.
The multiplier coefficient is used to determine the yield per acre when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
Revenue, dollars per unit.
The multiplier coefficient is used to determine the revenue per unit for per acre market value of units produced, harvested and sold when converting to a drip-micro system. The formula is as follows:

(current system x drip-micro %)
The total annual cost of harvesting the crop per acre.
Next
3 arrow   Step 3 Operating Costs Yields Investment
Customize your investment data in order to reflect your proposed situation more accurately.
Grower net for new system:
Cost Share:
Net system investment cost:
The grower's cost of buying and installing a drip/micro irrigation system per acre.
The amount refunded to grower per acre from government funding sources such as EQIP.
The grower's net cost of buying and installing a drip/micro irrigation system (full system cost less government refund, per acre).
Next