2 Key Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. Payback

You can’t get around it: replacing your present HVAC system with a geothermal heating and cooling system is an expensive proposition. Initial costs here in can be anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other issues have a say in it. So too does the amount of excavation that must be done and what type of ductwork modifications are needed. And if you’re building a new home? It’s not as pricy, overall, but it’ll still cost roughly 40 percent more than a more common HVAC system will cost you.

Okay, we’ve gotten the bad news out of the way. Let’s turn now to the good news. First, some sort of incentives and rebates may be offered at the federal, state and local level to help you out with installation costs. Then, too, the energy savings you could experience with your new geothermal heating and cooling system will help you begin to recoup your initial investment in no time. That means you could recoup your investment in as little as four years. But , then again: Local utility rates and the end cost of your installation may slow full repayment for, oh, say 15 years. Because geothermal systems typically keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You merely have to decide early on what your finances can withstand … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Worries About Starting Costs

Let us enumerate the most important benefits:

  • Compared to more familiar heating and cooling systems, geothermal heating and cooling could lop as much as 30 to 60 percent off your heating bills. And it could decrease your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat taken from the ground.
  • Geothermal heat pumps don’t run by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Since no outdoor fans or compressors are required, geothermal heating and cooling systems run much quieter than common systems.
  • Since there are so few moving parts and geothermal systems are protected from the elements, you’re pretty much guaranteed many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Need further information on any of these matters in order to make a decision about your heating and cooling options? Turn to the geothermal specialists at Ground Loop Heating & Air Conditioning, Inc. We’re happy to help, regardless of what you decide.