2 Vital Ord Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. Payback

It’s an inescapable fact: replacing your existing HVAC system with a geothermal heating and cooling system is an expensive proposition. Starting costs here in Ord can run anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other considerations]17] have a say in it. So too does the amount of excavation that has to be done and what sort of ductwork modifications are required. And if you’re building a new home? It’s not as budget-busting, usually, but it’ll still cost around 40 percent more than a traditional HVAC system will cost you.

Okay, so much for the bad news. How about some good news? To begin with, a number of incentives and rebates may be accesable at the federal, state and local level to assist you with installation costs. Also, the energy savings achievable with your new geothermal heating and cooling system will start paying back your initial investment relatively quickly. So you could recoup your investment in as little as four years. But understand: Local utility rates and the end cost of your installation may prevent full repayment for, oh, say 15 years. Since geothermal systems tend to keep working for upwards of 30 or 50 years, though, you’ll still be ahead of the game. You simply have to calculate sooner rather than later what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Outweigh Any Anxieties About Initial Costs

We’ll enumerate the major benefits:

  • Compared to common heating and cooling systems, geothermal heating and cooling could nick 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 removed from the ground.
  • Geothermal heat pumps don’t work 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.
  • Given that no outdoor fans or compressors are necessary, geothermal heating and cooling systems are much quieter than ordinary systems.
  • The absence of many complex moving parts and the fact that geothermal systems are sheltered 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 points in order to make a decision about your heating and cooling options? Talk with the Ord geothermal experts at Wadas Inc.. We’re happy to help, regardless of what you decide.