Geothermal Costs - News, Trends, Geothermal Costs Links
Geothermal heat pump costs about 2500 per T of capacity
Geothermal heat pump systems normally cost about $2,500 per ton of capacity. The typically sized home would use a three-ton unit costing roughly $7,500. The initial cost is nearly twice the price of a regular heat pump system (est. $4,000 with air conditioning), but annual heating bill can be reduced by up to 40% with an effective heat pump system. - Read More
Tags : geothermal geothermal heat pumps
Topics : Geothermal Energy
How much does power from a geothermal power plant cost?
Recent California Energy Commission (CEC) estimates place the levelized generation costs from new plants at 4.5-7.3 c per kwh for geothermal, which over the lifetime of the plant can be competitive with a variety of technologies, including natural gas. At current fossil fuel market prices, natural gas costs the equivalent of 8 to 9 cents per kilowatt hour. However, most developers contend that the cost for new projects is accurately reflected in a range of 5.5 and 7.5 c per kwh - 2000 data
Tags : geothermal
Topics : Geothermal Energy