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Geothermal Advantages & Disadvantages
Geothermal Disadvantages
The only arguable disadvantage of converting to geothermal energy is a slightly higher installation cost. Technological advances in heat pump and ground loop equipment have significantly increased performance while reducing cost. Combined with current state and federal incentives, geothermal installation costs are extremely competitive with conventional fossil fuel systems. The monthly savings pays for the installation cost difference in a few short years and over the life of the system, the average home will save $40,000 - $60,000 on energy bills; using today’s fossil fuel costs. See our geothermal cost and savings page for an example.
The only arguable disadvantage of converting to geothermal energy is a slightly higher installation cost. Technological advances in heat pump and ground loop equipment have significantly increased performance while reducing cost. Combined with current state and federal incentives, geothermal installation costs are extremely competitive with conventional fossil fuel systems. The monthly savings pays for the installation cost difference in a few short years and over the life of the system, the average home will save $40,000 -
Geothermal Advantages
First, it’s clean energy. Geothermal energy is a renewable energy resource that supplies heating and cooling without burning imported fossil fuels. The only energy required by a geothermal system is a small amount of electricity to harvest and circulate the energy in the home or office.
A geothermal system can reduce your heating, cooling and domestic hot water bills by up to 70% and can pay for itself in less than five years.
A typical 3,000 square foot home will reduce CO2 and other greenhouse gas emissions by over 5 tons per year.
Geothermal energy is available 24/7 x 365, unlike solar or wind renewable energy systems that are intermittent.
First, it’s clean energy. Geothermal energy is a renewable energy resource that supplies heating and cooling without burning imported fossil fuels. The only energy required by a geothermal system is a small amount of electricity to harvest and circulate the energy in the home or office.
A geothermal system can reduce your heating, cooling and domestic hot water bills by up to 70% and can pay for itself in less than five years.
A typical 3,000 square foot home will reduce CO2 and other greenhouse gas emissions by over 5 tons per year.
Geothermal energy is available 24/7 x 365, unlike solar or wind renewable energy systems that are intermittent.
The Earth absorbs enough solar energy each day to power the world 400 times over.