Survey of Geothermal Direct Use Pricing Terms in Five Western States
- Key words
- Direct Use; Economics; USA; Review Articles; Low Temperature; Moderate Temperature; Space Heating; Greenhouse; Residential Heating; Economics; Oregon Department of Energy
- Location
- California; Colorado; Idaho; Nevada; Oregon
- Conference
- Geothermal Resources Council Transactions
- Year
- 1984
- Session
- Direct use; Economics; Financing
- Language
- English
Abstract
An updated survey of pricing terms in direct use projects in western states is presented. The survey, originally done in 1982, was undertaken to determine the character of pricing strategies which are currently in place or proposed for direct use projects. A majority of projects are shown to base their geothermal price on a discounted natural gas rate. The average discounted rate for non profit projects is calculated to be 60% of current gas rates; for profit projects the average is 70% of gas rates. The average delivered geothermal price of all projects basing rates on gas and oil was $4.67 per million British thermal units (MBtu) as of March 1984.
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