Re:Hundreds lose water source in Colorado's poorest county w...
by stockresearcher on Monday August 25, 2025 @08:09PM
(#45020732)
Thanks. Around me I think it would be closer to $15-20k including all the equipment. Permitting is legally capped at $100 and there are about 15 or 20 businesses within 50 miles that do it, so competition abounds.
The price at that depth is dominated by the per foot cost. But inside the per-foot cost is the licensing, regulatory, casing compliance, and permitting compliance.
It's about $50/ft just to drill. After that is electric, the pump, the pressure tanks, burying pipe to enough houses to make each share cheap enough, and the legal cost of setting up a well share.
If you just wanted a well for your own property and merely put a spigot powered by a generator right next to it, you might be able to get away with $35k to start with. If you are looking to do a well share so that it becomes more economically feasible to split costs, I think it would be minimum $50k.