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In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production.
More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes.
Costs (pl.) are often further described based on their timing or their applicability.

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  1. A

    Less Expensive Alternative to Shuttered Extractor Fan?

    I recently posted a thread about an extractor fan for a downstairs toilet and received lots of help so many thanks to all who helped. In the same property in the upstairs bathroom is another non functioning fan. It is a Vectaire A 10/4 AT: the one with the built in shutters. 1. Why are the...
  2. K

    Expensive ceramic cistern with crack/chip at inlet hole.

    Hi, we have an expensive ceramic cistern with a crack/chip at the inlet hole; can the cistern still be used? Thanks 🙂
  3. L

    Is it more expensive to move a boiler than install a new one?

    Hi, We're having an extension done at the moment and our contract with our builder covers the cost to relocate our existing boiler in to our new utility room. After builder had boiler inspected, it turns out we can't move the boiler because it's "illegal" as too old to be made safe. As a...
  4. A

    Are expensive compression fittings worth it

    I need to add a two port valve to an existing system. As part of this job I need to add a few compression fittings. Wanted to ask those more experienced is it worthwhile buying (as an example) a Prestex (Pegler) 28mm equal T for £12.80 vs cheaper non-brand at £8.05? Is there real any...
    • Anj
    • Thread
    • america compression expensive fittings usa worth
    • Replies: 14
    • Forum: USA
  5. G

    looking to change career. is this expensive course is worth the price?

    Hi everyone, I’m so tired my actual job so I’m looking for new challenges and opportunities. I always have been hardworking and open to learn new skills but once I came to England I’ve stopped investing in myself. Don’t know really why but 3 years I doing something what I actually hate...
    • grzkar1733
    • Thread
    • career change course expensive looking price worth
    • Replies: 6
    • Forum: Gas Engineers Forum
  6. quality

    Lost this job as I was to expensive

    Lost this job to an unregistered installer. I know who fitted it but you can imagine the stuff you cant see when the condense run on full view is that bad on the outside of the house
  7. Rob Foster

    Why are all the components for a solar system so expensive ?

    I am thinking of putting together a system from a roof panel to a second coil in the cylinder but all the bits in the BES book are way more than ordinary fittings. As the solar liquid is chemically stabilised surely ordinary fittings and pipe will be ok. Or am I missing something here ?
  8. R

    How much more expensive would it be for duty and standby boilers?

    As in the above question really. A forum member recently asked if we should be fitting duty and standby for vulnerable customers. What I'd like to ask is what costs would this add to the job. Is it a case of extra boiler cost plus a couple of extra pipes (say £1000 in typical domestic...
  9. W

    Is this guy too expensive or am I too cheap?

    Roughly same area covered Ethical Plumbing Brighton
  10. S

    Expensive Parts! Can I Get a Generic Replacement?

    I don't want to take out wall/tiles: Is it possible to purchase a replacement shower of the same type of design with a less expensive brand(parts are ridiculously expensive from Triton) Have just replaced the thermostatic valve for £100 but the shower is still dripping.. grrr. I have one...
  11. 2

    Baxi combi boiler leaking

    Hi All, my issue on boiler..I noticed that my Baxi combi boiler leaking, i took a picture of issue, please take a look at it; few more things to mention - that black part above leak, makes regular ticking noise. should be i worried that much - as to call engineer ASAP regarding this...
    • 2fat2slow
    • Thread
    • above baxi boiler combi combi boiler expensive leaking oil please simple
    • Replies: 6
    • Forum: Plumbing Jobs | The Job-board
  12. H

    Glow Worm betacom 24c hot water flow rate.

    I have glow worm 24c combi boiler. The hot water flow rate is next to nothing, at all outlets. Mains water pressure is good. One other problem was the rads getting hot when hot water only. Thinking this must be caused by the diverter valve not working correctly and that the dhw heat...
    • hestia
    • Thread
    • betacom expensive flow flow rate glow glow worm glow-worm hot hot water parts problem water worm
    • Replies: 3
    • Forum: Plumbing Jobs | The Job-board
  13. GQuigley67

    More expensive than BG!

    I never even knew it was possible until today! Anyway just done an open vented boiler changover,new valves and new Y plan controls. I was cheapest at £1800 for worcester 15ri (I'm not VAT) BG was 2300 (boiler only) and there were another 2 companies coming in at 3k to 3.5k(boiler only) and...
  14. T

    Quote to expensive or not for removing and replacing tanks

    Hi, Just a quick question for you knowledgable folks. I have a plumber coming round tomorrow and and wondering if his price is not way to high for the work. I have a old bank boiler that i'm keeping, but the work i need doing is a boiler service first, to check the boiler before doing...
  15. hammers4spanner

    Vaillant

    Been asked to price one for a customer so simple question any good or not? Pros and cons? Personally think they are over priced but hey ho they requested one
  16. Inverness

    Regin u guage metal backing

    I've just purchased the regin u guage for my gas safe year which is in a year from now. Can you tell me why this guage is the most popular why it is diffrent compared to the others on the market. Thank you.
  17. townfanjon

    Pressfit

    Last saturday I used my first press fit machine , and TBH I was blown away, ok fittings are expensive, machines are expensive but my god they are clean and fast . I always said I would stop old school and stick to solder, but I may have a dabble. Do any of you guys use them, if you do what...
  18. M

    Which central heating and water system in village with no gas ?

    I am renovating a small 3 bedroom cottage. There are 2 average bedrooms and 1 small plus kitchen and bathroom with shower over bath. There is no gas to the village and so I am thinking electric. I am selling the property when complete and so a cost effective solution that I can fit myself but...
    • mikeimp
    • Thread
    • central central heating electric expensive gas heating supply system water which
    • Replies: 24
    • Forum: Plumbing Jobs | The Job-board
  19. M

    replacement boiler is too expensive

    Just sharing.... after 15 years of servicing the same boiler every year after giving a quote to replace it we received this email: Amazing! Can you believe it! --- I know you can - you get the same thing. After sleeping on it I sent this reply:
  20. W

    Day rates. Where do you draw the line between expensive and a rip off?

    South East. Non-gas plumbing. I ask because I don't want to cross that line but I'd like to have my toes on it whenever humanly possible. Also do you factor in materials/parts mark up when deciding on a day rate or is that a separate Brucey boner? Thanks.
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