Profitability Estimation for geothermal systems
Approximate need
Heated area Estimate of 15 KWh per square foot for heating an average house. Number of people at home Estimated need for hot water.1900 KWh for the first person and 1250 KWh for subsequent people.
The COP of geothermal energy is divided by two for hot water. Electric consumption For example, a house with a spa and several computers requires a high consumption.
Low: 90% for heating
Normal: 85% for heating
High: 70% for heating Type of your home Estimated KWh per square foot required for heating
Old or poorly insulated house: 20 KWh
average house: 15 KWh
House certified R-2000: 10 KWh
Real need
KWh of the last 12 monthsAdd the KWh of last 12 months on your electricity bill. 85% is used for your heating. Number of people at home Estimated need for hot water.1900 KWh for the first person and 1250 KWh for subsequent people.
The COP of geothermal energy is divided by two for hot water. Electric consumption For example, a house with a spa and several computers requires a high consumption.
Low: 90% for heating
Normal: 85% for heating
High: 70% for heating Need help finding your KWh on your bill from Hydro Quebec?
Based on the Canadian GeoExchange Coalition and Natural Resources Canada, you need - for heating your home.
Cost of heat and hot water using geothermal ( COP, 0.08$ per KWh)
Heat:
Electricity:
Taxes:
TOTAL:
-
Electricity:
Taxes:
TOTAL:
-
Cost of heat and hot water using natural gas (0.83 COP, gas at 0.50$ m³, 120$ service fees)
Heat:
Electricity:
Taxes:
TOTAL:
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Electricity:
Taxes:
TOTAL:
-
Cost of heat and hot water using oil (0.93 COP, Oil at 1.00$ liter, 140$ service fees)
Heat:
Electricity:
Taxes:
TOTAL:
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Electricity:
Taxes:
TOTAL:
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Cost of heat and hot water using propane (0.9 COP, propane at 720$ m³, 120$ service fees)
Heat:
Electricity:
Taxes:
TOTAL:
-
Electricity:
Taxes:
TOTAL:
-
Geothermal energy offers an anual economy of - tx incl. on electricity.
The geothermal system worth
For a new house, do not forget to deduct the cost of installing an eclectic system.
Contact us to know the cost of your geothermal system.
is reimbursed in - years.
The results are indicative. They are realistic, but may vary. We suggest you consult specialists who will advise you.