2 Major Van Buren Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

You can’t escape it: replacing your present HVAC system with a geothermal heating and cooling system is an expensive proposition. Up-front costs here in Van Buren can be anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other conditions]17] come to bear on it. So too does the amount of excavation that must be done and what sort of ductwork modifications are needed. And if you’re building a new home? It’s not as expensive, usually, but it’ll still cost approximately 40 percent more than a more common HVAC system will cost you.

Okay, you wanted the bad news first. Now, for the good news. First off, various incentives and rebates may be offered at the federal, state and local level to assist you with installation costs. Next, the energy savings you could experience with your new geothermal heating and cooling system will start returning your initial investment relatively quickly. 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 something like 15 years. Because geothermal systems often last for upwards of 30 or 50 years, though, you’ll still make out all right. You just have to figure out at the start what your finances can tolerate … and how patient you are.

2.     Geothermal Benefits Can Easily Override Worries About Up-Front Costs

We’ll enumerate the top 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 lower your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat transferred from the ground.
  • Geothermal heat pumps don’t operate by combustion, so you’re not endangered 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 necessary, geothermal heating and cooling systems run much quieter than common systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are sheltered from the elements insure 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 issues in order to make a decision about your heating and cooling options? Speak with the Van Buren geothermal experts at American Energy Guard. We’re happy to help, regardless of what you decide.