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.
Average construction cost of natural gas generators installed in the United States in 2022, by plant type
(in U.S. dollars per kilowatt)
Characteristic
Cost in U.S. dollars per kilowatt
Internal combustion engine
1,677
Combustion turbine
1,006
Combined cycle
722
Created with Highcharts 7.2.2Cost in U.S. dollars per kilowatt1,6771,6771,0061,006722722Internal combustion engineCombustion turbineCombined cycle
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Statista has been my savior on several occasions.
The site is easy to maneuver and the data is in a format that can
go right into a report or presentation.
Learn more about how Statista can support your business.
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 April 28, 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 April 28, 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: April 28, 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 April 28, 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/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.