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Using wholesale electricity prices for 2008 to 2009, and the current 0.5% efficiency of power beaming, a space elevator would require US$220/kg just in electrical costs. Dr. Edwards expects technical advances to increase the efficiency to 2%.or a space elevator, the cost varies according to the design. Bradley C. Edwards received funding from NIAC from 2001 to 2003 to write a paper, describing a space elevator design.
On their own, a standard home elevator runs from $15,000 to $100,000, depending upon the size and customization. While a pneumatic, or vacuum, elevator is $20,000 to $28,000. Price is a primary benefit for the latter of these two. With a panoramic design, a pneumatic elevator does not require any additional construction, as the hoistway and car are both installed into your home.