Pricing of geothermal heat

On this page, you will find information about factors having an impact on the price of a geothermal heat solutions and different ways of acquiring geothermal heat. You can get a geothermal heat solution either as owned by the housing company or as a service with a fixed monthly fee.

Factors having an impact on the price of geothermal heat solution

  • The design of the geothermal heat solution, the selected equipment and the well field

The geothermal heat solution is always designed according to the individual specifications of each housing company. The total price of the solution is mostly affected by the selected equipment and its contracting, as well as the number of geothermal heat wells and their drilling depth. The total price is also determined by increasing the size of the housing company’s electricity connection and modifications of the main and distribution centre. The equipment may also require changes in the required space, the implementation costs of which are taken into account in the total price.

  • Operating costs of a geothermal heat solution

The equipment of a geothermal heat solution uses electricity to operate, and this is taken into account in the life cycle calculation made for the housing company. As a general tule, a geothermal heat solution always consumes one unit of electricity per three heat units produced. Through Helen, the housing company will always receive a favourably priced electricity contract for the whole property where the increased electricity requirement has already been taken into account.

  • Remote control and annual maintenance of a geothermal heat solution

It is advisable to control the operation of a geothermal heat solution remotely. That way, any operational disturbances are detected and they can be repaired before they have an impact on the savings gained. In addition, the condition and operation of the equipment must also be ensured annually, for example, in connection with annual maintenance. The estimate made by a professional also states any forthcoming maintenance measures proactively in order to take good care of the life cycle of the equipment.

Helen offers an extensive warranty for the geothermal heat systems it implements and, when maintained correctly, the equipment of the system has a very long life. With the monitoring and maintenance service, the housing company ensures that Helen’s professionals take care of the maintenance system’s operation 24/7 and carry out regular annual maintenance on the equipment. The housing company will also receive an annual report for presenting the key benefits of the geothermal heat system, e.g. in the board meeting.

Two ways of acquiring a geothermal heat solution for a housing company

The housing company can decide whether to acquire a geothermal heat solution from Helen to be owned by the housing company or as a service with a monthly fee without separate investment.

Own geothermal heat

A tailored, individual geothermal heating system for housing companies as a turnkey delivery. You will get clear information about the total costs of the project and its implementation phases and schedule – Helen will take care of its smooth implementation. A correctly dimensioned system with high quality of implementation will pay itself back and provide significant savings for the housing company. We recommend the monitoring and maintenance service as a supplementary service.

Geothermal heat as a service

An environmentally friendly heat product with a stable price without investment by the housing company. The housing company will get a geothermal heating system and we will take care of its operation. Predictable costs make budgeting easy for the housing company, and there will be no unexpected repair costs. After the contract period (20 years) the housing company can choose whether to carry on with the carefree service or buy the system for itself at the price of one month’s service fee.

  Own geothermal heat Geothermal heat as a service
Investment by the housing company

x

 
Includes design, equipment and implementation as a turnkey delivery x x
Housing company can utilise geothermal cooling x x
Reduces the housing company’s emissions x x
Can be implemented in connection with energy renovation x x
Helen is responsible for the equipment   x
Remote control, optimisation and regular annual maintenance of the system Monitoring and maintenance service is recommended for housing companies x
Covers all repairs and fault situations   x

See also


Geothermal heating in a housing company

Geothermal heat is the choice for a housing company that values sustainability and energy efficiency. Helen offers housing companies a geothermal heating solutions either to be owned by the housing company or as a service with a monthly fee.