2 Crucial Wilmington Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. Payback

You can’t avoid it: replacing your present HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Wilmington tend to be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other considerations]17] 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 pricy, normally, but it’ll still cost approximately 40 percent more than an ordinary HVAC system will cost you.

Okay, you wanted the bad news first. Now, for the good news. First off, some sort of incentives and rebates may be accesable 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 end cost of your installation may slow full repayment for, oh, say 15 years. Because geothermal systems frequently keep working for upwards of 30 or 50 years, though, you’ll still be ahead of the game. 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 cite the major 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.
  • Because no outdoor fans or compressors are necessary, 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 protected from the elements pretty much guarantee 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 specialists at O'Brien Service Company. We’re happy to help, whatever you decide.