Combined cycle power plants are the cheapest form of natural gas generator installed in the U.S. In 2022, the average construction cost for this type of electricity generator stood at 722 U.S. dollars per kilowatt of capacity. Meanwhile, internal combustion engines were among the most expensive plant type, at 1,677 U.S. dollars per kilowatt.
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Average construction cost of natural gas generators installed in the United States in 2022, by plant type
(in U.S. dollars per kilowatt)
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EIA. (September 24, 2024). Average construction cost of natural gas generators installed in the United States in 2022, by plant type (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved June 17, 2025, from https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/
EIA. "Average construction cost of natural gas generators installed in the United States in 2022, by plant type (in U.S. dollars per kilowatt)." Chart. September 24, 2024. Statista. Accessed June 17, 2025. https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/
EIA. (2024). Average construction cost of natural gas generators installed in the United States in 2022, by plant type (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: June 17, 2025. https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/
EIA. "Average Construction Cost of Natural Gas Generators Installed in The United States in 2022, by Plant Type (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/
EIA, Average construction cost of natural gas generators installed in the United States in 2022, by plant type (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/ (last visited June 17, 2025)
Average construction cost of natural gas generators installed in the United States in 2022, by plant type (in U.S. dollars per kilowatt) [Graph], EIA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/557322/installed-natural-gas-generator-construction-cost-in-the-us-by-type/
