Geothermal HVAC System Cost & Savings

 

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:

  • Size of the Building – The bigger the area covered, the more cooling and heating it is going to demand.  It means that the most variable of pricing is in the insulation factor. This has a direct effect on how much cooling and heating is needed.
  • Usability of Existing Ductwork – If you don’t have existing ductwork, you will have the full expense of installing it. But, it is essential to consider regardless of what type of cooling and heating you install.
  • Size of the Loop Field – The size of the system along with the climate in which your place will dictate the amount of pipe that requires to be inserted into the earth.  In most cases, loop field contractor will charge a price per foot. Thus, the larger the system, the more pipes that need to go into the ground and the more costly the loop field becomes.

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!

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