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Table 3.1: Summary of Costs 250 kW ORC Shipping Cost Concrete Pad Heat Exchanger R-245fa Refrigerant Tech Pumps Water Tank Duct Work Fed Grant Tax Cred Subsidy Total $380,000 $5,000 $1,500 $10,000 $18,000 $100 $21,300 $10,000 $2,000 $114,000 $50,000 $6,489 $277,411 Since the ORC uses waste heat, it is classified as an energy efficiency project. Therefore, it qualifies for federal subsidies and tax credits as well as state funded subsidies. The first subsidy available is a federal grant that pays for 30% of the total cost of the ORC which is a savings of $114,000. The next subsidy is a tax credit that is 10% of the total cost but is capped at $200/kW which yields and overall saving of $50,000. There is also another federal subsidy that will pay $0.6/ft2 of the facility if the implemented technology makes a step towards reducing the electricity use by 50%, which yields a savings of $6,489. The wording of this subsidy is very unclear as to how much energy reduction corresponds to making a step to 50% of the electricity usage. Therefore not every facility may qualify for this subsidy. Other subsidies also exist but the ones listed above were the most applicable and easiest to acquire. After subtracting the subsidies and adding the additional costs, the total cost of 66PDF Image | NESTER, RYAN TIMOTHY. Organic Rankine Cycles: A Comparative Study and Analysis of Multiple Applications.
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