From the viewpoint of waste-to-energy, waste cooking oil is one of the attractive and available recycled feedstocks, apart from agricultural residues. The generation of energy from waste cooking oil is considered as an effective technique for waste management, as well as a beneficial form of energy recovery. Two alternative systems and a conventional system of waste cooking oil collection and conversion are evaluated by the cost benefit analysis in order to find a suitable method for waste-to-energy conversion. The results show that the collection of waste cooking oil with waste lubricating oil (System II) a useful alternative to the management of waste cooking oil (B/C > 1). The total heat produced by the combustion of pyrolytic oil at maximum and minimum conversion rates is also determined. The separate collection of waste cooking oil, subjected to chemical pre-treatment prior to introduction in a pyrolysis reactor (System III), is considered an undesirable option (B/C < 1) due to the cost of the chemicals involved. Although the exclusion of chemical pre-treatment makes System Ill a desirable option, the total amount of heat of combustion generated is less. The increased electricity cost required for the process has no effect on the benefit-cost ratio of System II However, System Ill, excluding chemical pre-treatment, becomes an unprofitable alternative when the electricity cost reaches 100% of the fixed capital cost at the minimum conversion rate. (C) 2010 Elsevier Ltd. All rights reserved.