3 what factors can impact a geothermal heat pump s electric usage.
Geothermal heating and cooling system cost.
It runs more efficiently so it costs you less money up to 80 savings over your existing heating and cooling system costs.
Total installed cost of geothermal heating system.
Because the factors are diverse geothermal heat pump system installation can range from about 7 000 to more than 20 000.
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.
A complete high efficiency conventional system costs an average of 22 000.
2 how homeowners can save money on heating and cooling with geothermal.
19 500 00 low 40 000 00 high.
However new installation practices are reducing costs to the point where the price is.
Most homeowners pay around 15 000.
Geothermal technology saves you money each and every day.
While cost is important it is vital that a qualified installer be hired for the work.
If we take the lowest figures and calculate the difference cost for geothermal heating system is about 11 000 more 19 500 8 500 11 000.
Request free estimates from at least three contractors where you live.
Large units or those that require a full installation with excavation ground looping new ductwork and additional expenses can run as much as 30 000.
Jay egg reasonably points out that if you weren t getting a geothermal system you would still need heating and cooling.
Most are far too.
Beware of online geothermal heating and cooling system cost estimates.
By using the constant temperature below the earth s surface your geothermal system doesn t need to work as hard heating and cooling your home.
The average national cost to install a geothermal heating and cooling system also known as ground source heat pumps gshp ranges between 7 000 30 000.
Geothermal hvac systems start at about 5 000 per ton and can go as high as 8 000 or 9 000 per ton.