as nyse mkt htm industry renewable energy founded 2000 headquarters boise idaho united states revenue 31.2 million as of 2015 update adjusted ebitda 17.6 million 1 website www.usgeothermal.com u.s. geothermal inc. is a leading and profitable geothermal energy company focused on the development production and sale of electricity from geothermal energy . the company operates three geothermal plants in the united states . 2 3 located in idaho oregon and nevada and is developing power plants in california nevada oregon as well as in central america in the republic of guatemala . 4 contents 1 mission 2 existing operations 2.1 neal hot springs 2.2 san emidio power plant 2.3 raft river power plant 3 development projects 3.1 wgp geysers project california 3.2 el ceibillo guatemala 3.3 san emidio ii nevada 3.4 crescent valley nevada 4 key management 4.1 dennis gilles ceo 4.2 doug glaspey president & coo 5 geothermal the most reliable renewable 5.1 why geothermal 5.1.1 vs. traditional power generation 5.2 why geothermal 5.2.1 vs. wind & solar 6 references 7 external links mission edit become the largest pure play independent geothermal power producer in north america . 2020 goal 2016 2020 projects under management consolidated mw net 45 230 ebitda adjusted 17 m guidance 112 m us geothermal portion mw net 30 175 ebitda adjusted 11 m guidance 88 m market cap 62 m 1b existing operations edit neal hot springs edit neal hot springs oregon u.s. geothermal s flagship project and oregon s first commercial geothermal power plant . it came on line in november 2012 . equity partner enbridge 40 % 36 b energy pipeline co. project loan lender u.s dept. of energy fixed 2.6 % apr 22 year term 61.8 m balance 2 29 16 60 % usg 40 % enbridge . power sales contract idaho power company 25 year term contract average energy price 126.36 per megawatt hour . 22 net mw annual average air cooled 30 mw winter 14 mw summer . high reliability availability 2015 average 97.9 % excluding schedule annual overhaul . san emidio power plant edit san emidio power plant nevada near term expansion opportunity went on line in may 2012 . equity partner none . project loan lender prudential insurance fixed 6.75 % apr 24 year term 29.7 million balance 2 29 16 . power sales contract nv energy 25 year term contract average energy price 103.52 per megawatt hour . 10 net mw annual average water cooled . high reliability availability 2015 average 98.6 % excluding schedule annual overhaul . raft river power plant edit raft river power plant idaho pacific northwest and idaho s first geothermal power plant . it went on line in january 2008 . equity partner goldman sachs 5 % tax equity ownership structure . project loan none . power sales contract idaho power company 25 year term contract average energy price 66.22 per megawatt hour contract average rec price 7.10 . 13 net mw annual average water cooled 10 mw current production . high reliability availability 2015 average 95.4 % excluding schedule annual overhaul development projects edit advanced development projects near term expectations wgp geysers project california edit expected plant size 30 mw net . expected on line date 2018 . expected cost to build 150 m. qualified for 30 % investment tax credit . status 5 wells drilled with 30 mw of steam currently available for production . el ceibillo guatemala edit expected plant size 25 mw net . expected on line date phase 1 2018 . expected cost to build phase 1 140 m. qualified for 10 year income tax holiday . status production well drilling in progress . san emidio ii nevada edit expected plant size 10 mw net . expected on line date phase 2 2017 . expected cost to build phase 2 60 m. qualified for 30 % investment tax credit . status production well drilling in progress . crescent valley nevada edit expected plant size phase 1 25 mw net . expected on line date phase 1 2018 . expected cost to build phase 1 130 m. qualified for 30 % investment tax credit . status first well completed with additional drilling in planning . key management edit dennis gilles ceo edit board member u.s. geothermal since 2011 . previous svp of calpine prior experience at sce mission and bp arco . engineer & mba 35 years energy management experience 29 years in geothermal . doug glaspey president & coo edit co founder of u.s. geothermal engineer with 37 years in natural resource exploration development and operation including 13 years of geothermal experience . geothermal the most reliable renewable edit why geothermal edit vs. traditional power generation edit clean and renewable . no commodity risk and or price volatility from fuel inputs . negligible emissions . easier permitting process in western us . high availability versus all technologies . qualifies for renewable incentives . why geothermal edit vs. wind & solar edit geothermal provides base load power 24 hours day . wind 34 % installed capacity 8.2 hours day and solar 25 % installed capacity 6.0 hours day . efficient use of transmission . smaller footprint reduced visual impact . minimal impact to wildlife . geothermal does have longer development lead times ; higher exploration risk cost . source u.s. energy information agency references edit notes key statistics u.s. geothermal inc. . yahoo finance . 2015 . retrieved november 17 2015 . profile u.s. geothermal inc. . yahoo finance . 2015 . retrieved november 17 2015 . u.s. geothermal provides company update . the wall street journal . january 13 2014 . retrieved february 25 2014 . us geothermal inc nysemkt htm quotes & news . google finance . 2015 . retrieved november 17 2015 . external links edit official website retrieved from https en.wikipedia.org w index.php title u.s. geothermal & oldid 743361441 categories geothermal energy in the united statespower companies of the united statesenergy in idahocompanies based in boise idahoenergy companies established in 2000renewable resource companies established in 20002000 establishments in idahopublicly 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