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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.
For every one inch height differentiation, there needs to be a one-foot ramp length. The cost of a commercial elevator can cost from $30,000 to $75,000 or more, depending on installation issues and number of floors.Often, an electrical handicap lift (not a motorized stair unit) can meet codes, is only for the purpose of a handicap use, and can cost $15,000 to $30,000.or every one inch height differentiation, there needs to be a one-foot ramp length. The cost of a commercial elevator can cost from $30,000 to $75,000 or more, depending on installation issues and number of floors.