DX Geothermal – Peekskill
Geothermal Works, Inc.
Electricity Focus: Solar PV
Project Description:
This is a whole house 5.0 ton single 2 stage installation for a two story house with ductless unit for heating of the basement.
Key Metrics & Outcomes
Initial Capital Investment: 98,000
Incentives: Other
Other Incentives: this project qualified for a 35000 rebate from Con Edison; 30% Federal Tax Credit and 10,000 NY State tax credit. Net price = 39,360
Operational and Maintenance Costs: This project reduced the monthly utility cost by an average of 50% in summer and 42% in winter.
Lifetime Cost Savings: 92,000
Payback Period: 8.5 years
Installed Capacity (e.g., MW, GW): 61500 btu/hr
Amount of Energy Produced or Saved (kWh, MWh, etc.): 3,000 kWh Saved.
Carbon Emissions Reduction (tons of CO2 equivalent): 4.8 metric tons per year.
Efficiency Improvements (e.g., % increase): 50% improvement.
Financing Details: Cash Investment
Lessons Learned & Best Practices
References and Sources
Project Details
Project Address: 2 Crescent Ct, Peekskill, NY
Completion Status: Completed
New Construction or Retrofit: New Construction
Contact Information
Contact Name: Rob Feuer
Contact Email: rfeuer@geothermalworks.com
Contact Phone: 9149601424
Images
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