One of the most important elements on the recovery of a small hydro-power plant is the electromechanical equipment (turbine-alternator), since the cost of the equipment means a high percentage of the total budget of the plant. The present paper intends to develop a series of equations which determine its cost from basic parameters such as power and net head. These calculations are focused at a level of previous study, so it will be necessary to carry out the engineering project and request a budget to companies specialized on the construction of electro-mechanical equipment to know its cost more accurately. Although there is a great diversity in the typology of turbines and alternators, data from manufacturers which cover all the considered range have been used. The above equations have been developed for the most common of turbines: Pelton, Francis, Kaplan and semiKaplan for a power range below 2 MW. The obtained equations have been validated with data from real installations which have been subject to analysis by engineering companies working on the assembly and design of small plants. (c) 2008 Elsevier Ltd. All rights reserved.