GeoHC Utility Margin Calculator
Did you know that a Geothermal Heating and Cooling (GeoHC) installation in your service territory not only saves the member/consumer money each month, but also gives multiple savings and benefits to the utility itself?
GeoHC technology is uniquely suited to help meet many of the challenges facing electric utilities today.
- Peak Demand Issues caused by extreme weather events, nationwide electrification efforts, and the rise of large-scale energy consumers like data centers.
- Need for more capacity on the grid to meet growing demand.
- Rising costs of power generation that gets passed down to the consumer.
Geothermal Heating and Cooling account for roughly 60% of the energy consumed in a building (electric systems only). Unlike other HVAC technologies, GeoHC can meet this need and not become a burden to the grid when it matters the most.
The Utility Margin Calculator helps demonstrate the value each unit adds, showing you that a strong installation program is a win-win for everyone.
There are three versions of the calculator that will walk you through the process of understanding just how powerful GeoHC technology is when deployed in mass.
The three calculators shown are best suited for distribution level electric utilities. G&T utilities have other variables and goals that are not necessarily reflected in the inputs and results of the calculators.
The use of these calculators is meant to demonstrate the possibilities inherent in promoting a robust geothermal heat pump program in an electric utility’s service territory. To keep the process simple, some assumptions are made in the variables used in the calculations, as well as averages and generalizations in industry data and utility situations.
Contact the Mission geo team for a precise evaluation of how GeoHC can impact your utility.
