Geotheral heating facilities of United Church of Christ (Congregational Church)

Technical Report · Wed Jul 01 00:00:00 EDT 1981

DOI:https://doi.org/10.2172/5244067· OSTI ID:5244067

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.

• Research Organization: Oregon Inst. of Tech., Klamath Falls (USA)
• DOE Contract Number: FG06-79ET27256
• OSTI ID: 5244067
• Report Number(s): DOE/ET/27256-T22; ON: DE82015107
• Resource Relation: Other Information: Portions of document are illegible
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
GEOTHERMAL HEATING SYSTEMS
ECONOMIC ANALYSIS
PUBLIC BUILDINGS
GEOTHERMAL SPACE HEATING
FEASIBILITY STUDIES
PAYBACK PERIOD
RETROFITTING
BUILDINGS
ECONOMICS
ENERGY SYSTEMS
GEOTHERMAL HEATING
HEATING
HEATING SYSTEMS
SPACE HEATING
Geothermal Legacy
151000* - Geothermal Energy- Direct Energy Utilization