


| Geothermal Heating and Cooling systems use a heat pump to transfer the heat from or to the ground. In the winter, it uses the ground as a heat source and pumps heat from the ground. In the summer, it pumps heat out of the house to the ground. |


| Pros and Cons Pros: •Low Operating Cost – geothermal heat pump cost tends to be lower than conventional heating systems by anywhere from $400 to $1,400 per year. Despite spending a little more initially, geothermal heating ends up paying back in around five years. •Environmental Impact – geothermal heat pumps cost less and they have less of an effect on the environment. Open loop systems reduce emissions by up to 40% while making little environmental impact otherwise. •Reliability – geothermal systems can last anywhere from 20 to 50 years. When located away from harsh elements, the heat pumps themselves are known to last for much more than 20 years. There are often tax credits, up to 30% of the system's cost. Cons: Geothermal systems cost significantly more than electric heat pumps, ranging from $12,000 to $30,000. Besides the disadvantages related to the cost of geothermal installation, geothermal systems can also require a large amount of space. A geothermal heat pump is usually installed in the home's interior, which may or may not be an issue depending on the layout of the house. However, the trenches or geothermal bore holes for the piping can require several hundred feet of open space, and wells for geothermal loop systems can also require special considerations. Landscaping may be required to repair property after placement of loops. |
| Tax Rebates of up to 33% of geothermal system costs are available thru 2016! |