A geothermal heat pump will immediately save you 30 to 60 percent on your heating and 20 to 50 percent on your cooling costs over conventional heating and cooling systems.
Geothermal hvac system cost.
Most geothermal heat pump systems have cops of 3 0 to 5 0.
Average cost to install a geothermal heating system is about 20 000 60 000 btu 5 ton closed loop horizontal system for a 2 000sq ft.
There are some basic factors that will influence the cost of your geothermal system so let s get those basics out of the way before we start getting into dollar amounts.
A small 2 ton heat pump system can cost around 5 000 for the pump and installation while larger 5 ton systems may run upwards of 12 000.
This means for every unit of energy used to power the system three to five units are supplied as heat.
Even though the installation price of a geothermal system can be several times that of an air source system of the same heating and cooling capacity the additional costs are returned to you in energy savings in 5 to 10 years.
If a home requires a 3 ton unit then it would cost about 7 500.
System life is estimated at up to 24 years for the inside components and 50 years for the ground loop.
Larger issues like installing a new compressor can cost up to 1 700.
The central heat pump unit will account for the majority of repair costs for a geothermal system.
3 what factors can impact a geothermal heat pump s electric usage.
Most are far too low.
Geothermal heat pumps cost on average 2 500 per ton to install.
2 how homeowners can save money on heating and cooling with geothermal.
Home size in general a 3 ton system should suffice for the average sized home.
Geothermal systems require little.
Of course the larger the home the larger the system you.
Geothermal has real benefits much lower operating costs than other systems.
Beware of online geothermal heating and cooling system cost estimates.
Geothermal heating system cost.
1 why geothermal heat pumps use more electricity for heating than furnaces.
While a virtual consultation and site survey is the best way to get an accurate operating cost estimate the following information will get you started.
0 down financing options are also available starting at 150 month for a 3 ton heat pump.
Dandelion geothermal starts at just over 18 000 25 000 after federal state and utility incentives for a 3 5 ton heat pump system which includes all installation costs.
Many quote us department of energy information that says an average geothermal heat pump system costs about 2 500 per ton of capacity.