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Cost Benefits of a Geothermal Heating and Cooling System

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There are a number of benefits that come with the installation and operation of a geothermal heating and cooling system. Before you make a decision about having a geothermal system installed to heat and cool your Andover, MN home, though, you should familiarize yourself with these benefits. One of the biggest draws of a geothermal heating and cooling system is the potential for financial savings it can represent. To learn more about the savings you could achieve with the use of a geothermal heating and cooling system call the geothermal experts at Air Mechanical. Our knowledgeable staff will be able to answer any questions you have.

Geothermal Heating and Cooling Installation Costs

The first item to address when considering the installation of a geothermal heat pump heating and cooling system is the initial installation cost. Not only are you paying for the system itself but the installation of geothermal systems can be several times as expensive as the installation costs of other heat pumps, such as air–source systems. There are a number of factors that further inform the cost of installation, such as the amount of land that your home sits on, availability of/proximity to water, and the depth of usable ground.

These variables will affect how your system is installed. If there is enough water available then a pond or lake closed loop system can be installed. This is often the cheapest installation method, as no digging is necessary, but the body of water must meet certain volume, depth and quality requirements.

If there is not much land available and a horizontal closed loop installation, in which trenches are dug to contain the pipe system, is not possible, a vertical installation may be necessary. This process requires two holes to be drilled for vertical piping to be installed and can increase the cost of installation.

Geothermal System Savings and Recovering Installation Costs

When it comes to the cost of installing a geothermal system it is important to remember that this system is an investment. Like any good investment you can expect a level of returns over time. This is where the true cost benefits of a geothermal system come in. Geothermal heating and cooling systems do not consume a fuel source in order to heat or cool your home. They use just a small amount of electricity to transfer ambient heat in and out of your home. While more expensive to purchase and install than other heat pump systems they are also more effective and versatile. Because they draw heat from the ground, where temperatures are much more constant than in the air, geothermal systems can be used effectively in harsher climates.

Their minimal use of energy makes these systems extremely efficient to operate, and that efficiency can save you money over time. Energy savings can recoup your initial expenses within 5–10 years of operation, and the components of the system can be expected to operate efficiently for about 25 years, while the ground loop system should last over 50 years. If you are interested in geothermal heating and cooling and are not put off by the initial price tag call Air Mechanical to learn more. Invest in a geothermal system and start saving energy and money right away.