$0.035 per KWH
to much
like a couple of hundred dorrals a month $$$$$$$$$$$$$$$$$$$$$$
The cost of geothermal energy depends on how far down you dig. When going for the hot rock deposits, the cost can be quite great because of repairs, etc. But when only going down a few hundred feet, the cost becomes much less. You are able to harvest your own geothermal energy for your house or business.
The cost of geothermal energy can vary depending on factors such as location, system size, and installation complexity. On average, the cost to install a geothermal heat pump system ranges from $10,000 to $30,000 per unit for residential applications. However, geothermal energy systems have lower operational and maintenance costs compared to traditional heating and cooling systems, which can help offset the initial investment over time.
Geothermal energy is highly feasible in locations where it is available, such as Reykjavik, Iceland.
not much
from
5,000
As of 2020, geothermal energy accounted for about 0.4% of the total global energy consumption. However, the use of geothermal energy is growing steadily, with an increase in geothermal capacity installed each year. Countries like the United States, Philippines, Indonesia, and Iceland are among the top users of geothermal energy.
Geothermal heating and cooling can use the relatively constant temperature of the earth to heat and cool homes and businesses with 40% to 70% less energy than conventional systems. It also has the added benefit of providing free domestic hot water during the summer season and reduced cost for domestic hot water during the winter. Installation for geothermal heat pumps does have a high upfront cost. There are a lot of variables--where you live, the ground to be drilled, the square foot of the house--and though everyone agrees about its high initial expense, exactly "how much" remains vague at best. A good general idea for cost would be twice the price of a regular heat pump system with air conditioning. A geothermal heat pump costs about $2,500 per ton of capacity, with the typically sized house needing a three-ton unit and putting the cost at roughly $7,500. Installation can bump the costs up to $10,000 or more depending on depth of pipes, type of equipment, and soil conditions. For much larger buildings and projects, costs can soar much higher.
Because it is pritty good
Its is about 1,500 3,000 dollars