2 Vital Reading Geothermal Heating and Cooling Considerations

1.     Front-End Costs vs. Payback

No two ways about it: replacing your existing HVAC system with a geothermal heating and cooling system is a costly proposition. Front-end costs here in Reading can be anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other matters account for that. So too does the amount of excavation that has to be done and what kind of ductwork modifications are required. And if you’re building a new home? It’s not as budget-busting, overall, but it’ll still cost about 40 percent more than a traditional HVAC system will cost you.

Okay, we’ve gotten the bad news out of the way. Let’s tune in now to the good news. First, various incentives and rebates may be available at the federal, state and local level to help you bear the installation costs. Then, too, the energy savings achievable with your new geothermal heating and cooling system will start paying back your initial investment right away. The upshot is, you could recoup your investment in as little as four years. But understand: Local utility rates and the end cost of your installation may slow full repayment for as much as 15 years. Given that geothermal systems tend to endure for upwards of 30 or 50 years, though, you’ll still come out ahead. You merely have to calculate sooner rather than later what your finances can withstand … and how patient you are.

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

We’ll list the top benefits:

  • Compared to more familiar heating and cooling systems, geothermal heating and cooling could cut 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 work 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 needed, geothermal heating and cooling systems operate much quieter than traditional systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are effectively shielded from the elements ensure 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 matters in order to make a decision about your heating and cooling options? Visit the Reading geothermal pros at Paul W. Essig Inc.. We’re happy to help, no matter what you decide.