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The cost for installing a GSHP system can vary dramatically based on geographic location, terrain, existing infrastructure, and whether it a retrofit or installed during new construction. Examples of the cost variables are available within the two case studies for both a residential and commercial installation. Funding Renewable Grant Program Alaska Energy Authority (AEA) grant program that supports renewable energy systems and has appropriated $100 million in a general fund for the 2009 fiscal year. The amount granted varies and application details and deadlines are located on the website provided. (www.akenergyauthority.org/RE_Fund.html) Residential Renewable Energy Tax Credit Federal tax programs that supports up to 30% of an installed residential solar energy system. This tax credit is received by filling out IRS form 5695 (Residential Energy Efficient Property Credit). Additional info can be found at: www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US37F&re=1&ee=1 Link to IRS form 5695: (http://www.irs.gov/pub/irs‐pdf/f5695.pdf) Database for State Incentives for Energy and Incentives (DSIRE) A general overview of state and federal funding and financing opportunities currently available for geothermal energy. For more information: www.dsireusa.org Regulation & Authorities Electrical and Mechanical Code: Heat Pump Appliances (City of Sitka General Code) Application for Permit (Electrical): Fees for electrical permits shall be calculated using Section 19.10.020. Any person who commences any work on a building, structure, electrical, gas, mechanical or plumbing system before obtaining a permit may be subject to a fee. (Ord. 04‐64 § 4 (part), 2004; Ord. 02‐1676 § 4 (part), 2002; Ord. 98‐1476 § 4 (part), 1998.) Application for permit (Mechanical): Fees for mechanical permits shall be calculated using Section 19.01.020. Prohibited Equipment: The installation and use of open loop heat pumps connected to the municipal water system is prohibited. Note: no open loop heat pump installed after June 1, 1997 will be provided municipal water. Case Study Diamond Park Aquatic Center, Juneau, AK The Aquatic Center is a 33,560 sqft facility with a planned geo‐exchange system for its heating load. The heat exchange systems will consist of 160 bore holes at a depth of 350 ft and 14 ft spacing. This heat exchange system will transfer this constant ground temperature to a 1,350 MBH heat pump. The total estimated cost of the geo‐exchange system will be about $1.27 million. (Alaska Energy Engineering, LLC)PDF Image | COMPREHENSIVE RENEWABLE ENERGY FEASIBILITY STUDY Sitka
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