2 Major The Hudson Valley Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. Payback

There’s no getting around it: replacing your existing HVAC system with a geothermal heating and cooling system is a pricy proposition. Initial costs here in The Hudson Valley 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 has to be done and what kind of ductwork modifications are required. And if you’re building a new home? It’s not as pricy, usually, 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 offered at the federal, state and local level to help you out with installation costs. Also, the energy savings you could realize with your new geothermal heating and cooling system will start returning your initial investment relatively quickly. So you could recoup your investment in as little as four years. But understand: Local utility rates and the end cost of your installation may prevent full repayment for as long as 15 years. Because geothermal systems usually endure for upwards of 30 or 50 years, though, you’ll still be in good financial shape. You just have to figure out at the start what your finances can withstand … and how patient you are.

2.     Geothermal Benefits Can Easily Override Any Anxieties About Up-Front Costs

We’ll cite the major benefits:

  • Compared to ordinary heating and cooling systems, geothermal heating and cooling could slash as much as 30 to 60 percent off your heating bills. And it could minimize 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 are much quieter than typical, run-of-the-mill systems.
  • Since there are few moving parts and geothermal systems are protected from the elements, you’re assured many decades of low-maintenance, top-performance use. Indoor components may be good for about 30 years, ground loops, about 50.

Looking for a little clarification on any of these issues in order to make a decision about your heating and cooling options? Talk with the The Hudson Valley geothermal experts at Verdae Geothermal. We’re eager to help, whatever you decide.