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If you are building a new home, or your current heating system is at end of life and needs to be replaced, a geothermal heat pump is by far the most cost effective solution that will save tens of thousands of dollars over the twenty year life of the system. It has also been proven that a geothermal HVAC system will substantially increase the value of your home.
Geothermal Costs and Savings
Typical Geothermal Costs and Savings Example
The figures below illustrate the costs and savings for a typical fossil fuel system vs geothermal system installed in the an average 3,000 square foot home.
Conventional fossil fuel system cost
Geothermal system cost:
System cost, installed and complete
Less 30% Federal Tax Credit
Net System Cost
Installation cost delta between Geo and Fossil
Annual Savings of Geothermal over Fossil
Payback period
In this example, the geothermal system will pay back the difference in initial installation cost in under three years. And, over the twenty year life of the system, it will save the homeowner over $43,000 . Your geothermal system is a sound, long-term investment paying a typical annual return of 13% - at today’s fuel costs!
With fuel prices expected to more than TRIPLE over the next twenty years, your energy savings and return on investment will increase with time!
Call us to set up a free cost/savings analysis for your home or commercial building.
$ 12,000
$ 25,000
$ 7,500
$ 17,500
$ 5,500
$ 2,400
2.91 years
ClimateMaster has a great online savings calculator -
click here and see how much you can save
click here and see how much you can save