Geotheral Heating Facilities of United Church of Christ (Congregational Church)

摘要

Based on the assumptions made in this study, a geothermal system for the Congregational Church is not economically feasible at this time. A retrofit of the church for geothermal would result in a capital cost of $37,600 including the geothermal well. When this figure is considered in conjunction with the $1892 first-year savings (present fuel cost minus geothermal system O and M cost) and inflation over a 20-year period, a simple payback of 12 years results. In addition, an internal rate of return figure of 8.7 percent was generated. This indicates that the project would have to be financed at less than 9 percent to be economically feasible over a 20-year period. (ERA citation 07:043154)