How much does a geothermal plant cost?
The initial cost for the field and power plant is around $2500 per installed kW in the U.S., probably $3000 to $5000/kWe for a small (<1Mwe) power plant. Operating and maintenance costs range from $0.01 to $0.03 per kWh.
How much does a closed loop geothermal system cost?
A geothermal closed-loop system costs $15,000 to $38,000 on average, depending on the loop placement. Open-loop systems cost $10,000 to $28,000 on average. Installers select a geothermal loop type to suit the climate, soil, available space, and water quality of a well, pond, or lake on the property.
Is geothermal HVAC worth it?
What are the pros and cons of geothermal heating? The pros would be that they are extremely efficient and will work around 400% better than a traditional furnace. This is also renewable energy so it is good for you, good for the environment, and good for your energy bill. Your energy bill will reduce significantly.
How do I calculate what size geothermal I need?
Assuming your old heater is properly sized you can then use this to calculate the size of the new geothermal heater. 1 ton = 12,000 BTU = 3.5 Kw – So if your existing heater is 48,000 BTU then you would need to purchase as 4 ton GeoCool unit.
Can you use an existing well for geothermal?
14Can I use my existing well for the geothermal system? You can use an existing well as long as it is deep enough and produces sufficient gallons per minute not to impact the production of water for domestic use.
What ton geothermal do I need?
A useful benchmark: about 400 to 600 feet of horizontal loops are needed for each ton of energy required to heat or cool. A mid-sized house usually requires a 3 ton unit, and so it would need space for approximately 1200 t0 1800 feet of coils.
How deep should geothermal be?
How deep do you have to dig? For a horizontal loop you only need to dig between 6 – 8 feet deep. For a vertical loop you need to drill between 250 and 300 feet deep.