It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Over this past winter (2008/2009), my average electrical bill was $367. Their average electrical bill was $154. Removing the fact that my home is larger and I have one extra person living in the house, I am going to look at how long it would take me to pay for a geo-thermal system.
With a difference in monthly bills of $213 dollars, and the average cost of geothermal at $35 000, it would take me 164 months to break even with the system. (This is based on current expenses, and does not factor in that electrical and gas bills will be increasing in the future). 164 months is 13.5 years before I can start to realize any savings.
The chances of me living in this house in 13.5 years is slim, it is reported that most people move every 5 to 8 years, that being the case, I would not recoup my expenses on the geo-thermal system.
Source & More
Pros and cons
The foremost advantage of geothermal heating is its being environment-friendly. Its source of energy is natural, the heat from the underneath the earth, so there’s no worry about any hazardous effects to the surroundings unlike those that burn fossil fuels. There’s no tax imposed and there’s always constant supply.
Secondly, it’s efficient and cost effective. Being energy efficient means less electricity costs and this, in turn, leads to savings. Additionally, this is around 70 percent cheaper than heating a home using electric heating, oil or liquefied petroleum gas.
A third benefit is its compact size. A typical geothermal heating using a heat pump is just about the same size as a small fridge and works in two ways – for both heating and cooling.
Another advantage is its low maintenance. As natural ground energy is used, no hazardous chemicals are produced, no flammable oil, LPG or gas pipes, fuel tanks or chimney are used. No regular servicing or yearly checks are required.
On the contrary, some disadvantages found for this system include the use of refrigerants. Refrigerants as well as the electricity to power the heat pump are not totally eco-friendly.
Wide space and long pipes are also needed to lay the pipe system in trenches which means it is not ideal for suburban neighborhoods which are densely populated. The pipes may prove difficult to repair as they’re underground.
Lastly, for areas that need vertical installation of pipes, drilling may be a hard task and a big rig is even required.
Geothermal Pros & Cons
Price Breakdown
Everyone in America receives a 30 percent tax credit on solar equipment purchased and installed by the end of 2010. State incentives can further compound the savings.
Price per unit /// Between $717 and $787 before the 30 percent federal tax credit. Afterward, the price drops to about $500.
Price per watt /// $4.50. Andalay Solar CEO Barry Cinnamon expects imminent price reductions to pull that number closer to $4.10 per watt. With the 30 percent federal tax credit, the price works out to about $2.87 per watt.
Kilowatt-hours per year /// A single panel puts out 175 watts under optimal conditions. Averaged through the year under variable conditions, the panel puts out 1.43 kilowatt-hours per watt, or about 250 kwh per year.
Payback period: The Energy Information Administration lists average U.S residential electricity prices at 11.23 cents per kwh, as of February 2009. A panel that puts out 250 kwh a year saves $28.08 annually at that price, making the payback period just under 18 years on a $500 panel. (The rebate, which everyone receives, lowers the payback period from over 25 years at $717 or 28 at $787) In San Francisco, the top-tier electricity rate is 44 cents per kwh, shortening the payback period to just under five years.
Drawbacks: Variable power output. Less sunny climates can produce less than the 250-kwh-a-year average. Less than a quarter of the sunlight hitting a panel converts to electricity.
Popular Mechanics Solar Power
Wind power usually brings to mind those giant, prop-style turbines in Denmark or their much smaller cousins, like the 900-watt Whisper 100 that our PM's off-the-grid Energy Family uses in Vermont. As those innovative solutions have proved, wind can be a great compliment to solar power--and the rest of this country is just starting to catch up. So as we move forward with Jay Leno on transforming his Green Garage, you'll probably see a rooftop solar panel array augmented by wind power to help the shop generate its own energy and become self-sufficient.
Recently, Jay had a chance to meet up with the folks from PacWind, a company that makes vertical-axis wind turbines like the 500-watt Seahawk they brought by the garage. Drag-type vertical turbines such as these move a lot like those three-cup anemometers commonly used for measuring wind speed. But the PacWind design is unique in that its foils utilize the forces of lift, too, making them more efficient.
The Seahawk was just one example of Pacwind's turbines--and Jay was impressed. But for the 17,000-sq-ft. garage, which uses, um, quite a bit of energy each month, the PacWind team recommended their brand-new, top-of-the-line Delta II turbine. It can produce 10 kw at around 28 mph and has a cut-in wind speed of 6 mph. These turbines don't need a braking mechanism and can self-start at very low wind speeds--something similar designs in the past could never do. Generating usable wind power can be quite tricky, since wind is fickle and performance can vary from place to place. But according to Pacwind, Jay's garage looks like a very suitable spot.
Popular Mechanics & PacWind Tech Article