Geothermal heating systems provide a gigantic 300 to 600 % efficiency rating, which can save you hundreds of dollars on energy bills while helping to alleviate your impact on the environment. In spite of the potential savings related with these systems, most buyers may be deterred by the high-up front costs of geothermal. Are you one of them? If yes, you can use the following paragraphs as your reference.
To know whether this technology is right for your home, you need to weigh both potential operating savings and initial geothermal HVAC system cost. It is also best to check its effect to any tax incentives. Compared to burning gas or oil to produce heat, geothermal systems extract heat energy below the Earth. Geothermal systems also use a small amount of electricity to pump fluid or water through pipes buried below the ground, where the water absorbs natural heat energy and transports it back to the surface.
How Much Does a Geothermal HVAC System Cost?
There are several factors involved in geothermal system pricing and here they are:
What are the Upfront Costs?
The average home requires between 1 and 5 tons of cooling and heating capacity, depending on insulation quality, size and how tightly the home is constructed. According to experts, geothermal heating costs $5,000 to $9,000 per ton unlike $3,000 per ton for conventional heating systems.
Its upfront geothermal HVAC system cost also depends on the installation of the unit itself and maintenance costs.
Well-insulated and tightly-constructed homes require smaller cooling and heating systems. This is especially true for geothermal. As advised, cut the geothermal HVAC system cost by sealing air leaks and mounting insulation throughout the home before installing this type of system.
In most cases, vertical geothermal systems are more costly than horizontal systems. Whether or not you can install a horizontal system depends on the topography of the local environment. Soil with better heat transferring ability needs less pumping. An adequate supply of land can fit a horizontal system while compact land usually requires a vertical pump
Are you interested in the energy savings of geothermal HVAC system? Contact us today!