2 Crucial Wilmington Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. Payback

It’s an inescapable fact: replacing your present HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Wilmington can be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other matters play into it. So too does the amount of excavation that must be done and what kind of ductwork modifications are necessary. And if you’re building a new home? It’s not as budget-busting, normally, but it’ll still cost around 40 percent more than an ordinary HVAC system will cost you.

Okay, we’ve gotten the bad news out of the way. Let’s focus now on the good news. To begin with, some sort of incentives and rebates may be obtainable at the federal, state and local level to assist you with installation costs. Next, the energy savings achievable with your new geothermal heating and cooling system will start paying back your initial investment in no time. That means you could recoup your investment in as little as four years. But be forwarned: Local utility rates and the total cost of your installation may slow full repayment for, oh, say 15 years. Because geothermal systems tend to keep working for upwards of 30 or 50 years, though, you’ll still make out all right. You merely have to calculate sooner rather than later what your finances can bear … and how patient you are.

2.     Geothermal Benefits Can Easily Outweigh Concerns About Initial Costs

Allow us to tick off the most consequential benefits:

  • Compared to standard heating and cooling systems, geothermal heating and cooling could slash as much as 30 to 60 percent off your heating bills. And it could reduce your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat taken from the ground.
  • Geothermal heat pumps don’t run by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Since no outdoor fans or compressors are needed, geothermal heating and cooling systems operate much quieter than ordinary systems.
  • The absence of many complex moving parts and the fact that geothermal systems are effectively shielded from the elements insure many decades of low-maintenance, top-performance use. Indoor components may hold up for about 30 years, ground loops, about 50.

Want further information on any of these issues in order to make a decision about your heating and cooling options? Turn to the Wilmington geothermal experts at O'Brien Service Company. We’re eager to help, whatever you decide.