Your figures look great! OEM black comes to $13 / 2400 or $.00542, color $8.33 / 1200 or $.00695. Both options are good.
When first considering a new printer I estimated cost per image for these refillable carts, 5% coverage black ink @ $.005 or less, color @ 2 to 3 times that. While visiting Staples to look at the printers I was considering, the promo price offered was so good I ended my search before confirming my numbers, based on the below info …
The unit's regular 676XL black ink cartridge lasts for approximately 2400 pages, yet costs only $38.49--a mere 1.6 cents per page. The 676XL cyan, magenta, and yellow cartridges cost $24.49 apiece and last for 1200 pages, or just over 2 cents per page. A four-color page costs 7.6 cents. Note: The WP-4540 ships with 1000-page black and 900-page color starter cartridges.
http://www.pcworld.com/article/2506...eview_fast_high_capacity_business_inkjet.html
Ink Yield Information:
Epson provides ink cartridge yields based on the ISO / IEC 24711 and 24712 standard for inkjet products, which excludes the first installed cartridges.
676XL Black (T676XL120): About 2400 pages
676XL Cyan, Magenta, and Yellow (T676XL220, T676XL320, T676XL420): About 1200 pages per color
http://www.epson.com/cgi-bin/Store/jsp/Product.do?BV_UseBVCookie=yes&sku=C11CB32201
I noted the XL carts hold 30 ml ink. All OEM carts use the same size bag that can be refilled to 35 ml. Don’t remember where I got this. I estimate the XL OEM color about half or 15 ml. This would put a set of 4 OEMs @ almost 100 ml vs. 4 refillables @ 400 ml for about the same cost.
If 30 ml produces 2400 pages, 100 ml should yield over 7500 pages. Based on my usage over the past 6 months, this looks right. At $59 for a 400 ml set my cost per image should be considerably below my original estimate, or, so low it isn't worth further worry.
Another consideration is the ink quality. My first set of carts was a bust but the ink great. We liked the results from the start but had an outside event a few months in. Rained the entire day, hard at times. Handouts, speaker pages and signs with bold print showed no sign of water spotting, running, smearing or color on clothing.