In simplest terms, the Levelized Cost of Electricity (LCOE) is the total cost of a power plant, , divided by the total electricity it generates, , during the financing period (Equation ). Thus, the LCOE is often referred to as the "break-even" price of electricity because revenue from sales will equal cost to generate the electricity if the sales price is the LCOE. In genGEO, the LCOE is reported in units of $/MW e -h.