Geothermal Heating And Cooling Cost Per Month

Benefits of geothermal heating and cooling systems.

Geothermal heating and cooling cost per month.

By using the constant temperature below the earth s surface your geothermal system doesn t need to work as hard heating and cooling your home. Julia s annual cooling load is 29 1 mmbtu and her cooling system had to pull 1996 kwh from the grid to keep up with the summer heat. The average national cost to install a geothermal heating and cooling system also known as ground source heat pumps gshp ranges between 7 000 30 000. Beware of online geothermal heating and cooling system cost estimates.

A small 2 ton heat pump system can cost around 5 000 for the pump and. This home will save 1 581 or 47 of their total heating and cooling costs every year with geothermal. Below is an example of a typical 2 500 square foot home in cortlandt ny with fuel oil and central air conditioning versus dandelion geothermal heating and cooling. Average homes typically use between two and five tons.

Most energy efficient dual capacity unit available. A geothermal heat pump saves on heating and cooling costs. If a home requires a 3 ton unit then it would cost about 7 500. Most are far too low.

Department of energy this system uses 25 to 50 percent less electricity than conventional systems. You ll save an estimated 500 per year in maintenance costs. Awarded energy star most efficient designation. Your average home equipped with a geothermal heat pump will save around 10 15 per month on heating and cooling costs and in many cases that percentage is much higher.

An average geothermal heat pump costs between 1 500 to 2 500 per ton within dandelion s service territory which includes parts of new york state. It runs more efficiently so it costs you less money up to 80 savings over your existing heating and cooling system costs. Geothermal technology saves you money each and every day. Geothermal systems start at about 5 000 per ton and can go as high as 7 500 or 9 000 per ton.

Still geothermal remains king and in julia s case represented an annual savings of 30 on cooling costs. Most homeowners pay around 15 000. According to the u s. Conventional forced air hvac systems cost about 3 000 per ton of heating or cooling capacity for a new house.

Federal tax credits cushion your investment. The 500a11 provides forced air heating air conditioning and even generates a portion of your home s hot water all from a single unit that offers a level of comfort and savings that s far greater than any ordinary system. Many quote us department of energy information that says an average geothermal heat pump system costs about 2 500 per ton of capacity. Home heating cooling costs.

While the precise heat pump size is dictated by the home s heating and cooling needs a standard single family 2 000 square foot home usually requires a 5 ton heat pump 7 500 to 12 500.