2 Major Danville Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. Payback

It’s an unassailable fact: replacing your present HVAC system with a geothermal heating and cooling system is a pricy proposition. Starting costs here in Danville can be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other factors have a say in it. So too does the amount of excavation that must be done and what type of ductwork modifications are required. And if you’re having a new home built? It’s not as expensive, overall, but it’ll still cost about 40 percent more than a more common HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. First, a variety of incentives and rebates may be obtainable at the federal, state and local level to assist you with installation costs. Then, too, the energy savings possible with your new geothermal heating and cooling system will help you begin to recoup your initial investment relatively soon. So you could recoup your investment in as little as four years. But be advised: Local utility rates and the end cost of your installation may slow full repayment for something like 15 years. Given that geothermal systems frequently endure for upwards of 30 or 50 years, though, you’ll still make out all right. You simply have to decide early on what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Concerns About Up-Front Costs

Allow us to check off the major benefits:

  • Compared to more familiar heating and cooling systems, geothermal heating and cooling could nick 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 extracted from the ground.
  • Geothermal heat pumps don’t work by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Given that no outdoor fans or compressors are necessary, geothermal heating and cooling systems are much quieter than typical, run-of-the-mill systems.
  • Since there aren’t many moving parts at all and geothermal systems are protected from the elements, you’re pretty much guaranteed many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Want a little clarification on any of these points in order to make a decision about your heating and cooling options? Talk with the Danville geothermal experts at Geo Climate Control. We’re happy to help, whatever you decide.