4 Reasons to Invest in Geothermal
While geothermal systems are known to provide tremendous indoor comfort, many homeowners resist installing them because of the initial upfront investment. However, there are many reasons to install a geothermal system—all of which adds up to a tangible return on an investment.
1. Energy savings
Geothermal heat pumps consistently rank among the most efficient of all home comfort systems—whether in heating or cooling mode. According to the U.S. Department of Energy, a geothermal installation will pay back its cost in just 5–10 years as a result of its high efficiency. Some estimates indicate homeowners can save up to 70% on their future energy bills.
2. Long term reliability
With its indoor components expected to last more than 20 years and the ground loops more than 50 years, a geothermal system can provide decades of worry-free operation and savings after the payback period.
3. Effective and quiet performance
Regardless of the temperature outside, the temperature approximately 10 feet below the surface where heat pump coils are buried remains at approximately 55°F. As such, a geothermal system will never struggle to maintain the right temperature in your home nor will it make much noise.
3. Environmentally friendly
A geothermal system uses very little energy and it does not produce any pollutants, which makes it a great “green” option for environmentally conscious homeowners. Since geothermal relies on the Earth’s natural resources as opposed to non-renewable energy, it is the most energy-efficient and environmentally clean HVAC system available.
5. Added value
A geothermal system can add resale value to your home, which can make it more attractive to potential buyers.
Consult an expert
Geothermal systems will not work effectively in every space, so it is important homeowners contact a geothermal specialist before committing to an installation.