2 Key Elizabethtown Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. ROI

No doubt about it: replacing your current HVAC system with a geothermal heating and cooling system is a pricy proposition. Starting costs here in Elizabethtown can run anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other conditions]17] account for that. So too does the amount of excavation that has to be done and what kind of ductwork modifications are needed. And if you’re having a new home built? It’s not as expensive, overall, but it’ll still cost about 40 percent more than a typical HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. To begin with, certain incentives and rebates may be obtainable at the federal, state and local level to assist you with installation costs. What’s more, the energy savings you could experience with your new geothermal heating and cooling system will help you begin to recoup your initial investment almost immediately. 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 prevent full repayment for as much as 15 years. Because geothermal systems tend to last for upwards of 30 or 50 years, though, you’ll still come out ahead. You simply have to calculate sooner rather than later what your finances can tolerate … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Worries About Front-End Costs

We’ll itemize the most significant benefits:

  • Compared to ordinary heating and cooling systems, geothermal heating and cooling could cut as much as 30 to 60 percent off your heating bills. And it could reduce 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 operate by combustion, so you’re not troubled by greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are required, geothermal heating and cooling systems run much quieter than ordinary systems.
  • The absence of many complex moving parts and the fact that geothermal systems are effectively shielded from the elements pretty much guarantee many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Need a little clarification on any of these points in order to make a decision about your heating and cooling options? Visit the Elizabethtown geothermal pros at Dever Enterprises. We’re glad to help, whatever you decide.