page_banner

Geothermal Heat Pump Frequently Asked Questions——Part 3

4

What’s the difference between a geothermal heat pump and an air-source heat pump?

A geothermal heat pump extracts heat from the ground where it’s a stable ~50-55 degrees just a few feet below the frost line. An air-source heat pump extracts heat from the outside air. 

A ground-source heat pump is typically more efficient than an air-source heat pump because there’s less fluctuation in the temperature underground than the air outside. That means geothermal heat pumps use less energy to heat and cool.

Think of it this way – you want the inside of your home to be about 70 degrees. The ground temperature is about 50 degrees. A geothermal heat pump only needs to boost the starting temperature 20 degrees to keep your home comfortable year-round.

The temperature outside, though, might be 10 degrees or 90 degrees! It’s a lot harder for an air source heat pump to bring the temperature in your home up or down to 70 degrees when it’s starting from an extreme place. 

Can I get any tax credits or other incentives for installing a geothermal heat pump?

Yes! Check out our comprehensive guide to the Federal Geothermal Tax Credit and learn what other state and utility incentives are available. 

How much does it cost to install a geothermal heating and cooling system?

Dandelion Geothermal starts at about $18,000 – $25,000 for a 3 – 5 ton heat pump system which includes all installation costs after state and federal incentives are applied. 

Zero down financing options are also available, starting at $150/month. About half of our customers opt to finance the system and start saving right away.

The price can increase based on additional complexity like zoning and electrical upgrades. Curious what other factors can impact the final cost? We put together the most comprehensive geothermal pricing guide on the internet.

How much does it cost to replace a geothermal heat pump?

An average geothermal heat pump costs between $1,500 to $2,500 per ton. 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).

A geothermal heat pump typically lasts between 20-25 years. 

How much money can I save with a geothermal heat pump?

Most homeowners see a substantial drop in heating fuel bills and a moderate increase in their electrical bills, leading to an overall reduction in monthly energy bills. Depending on the type of fuel your old furnace used and your heating needs, the overall savings could total into thousands of dollars over the life of your Dandelion Geothermal system. 

These cost savings can be understood through a simple equation:

 

Heating costs and the savings associated with a geothermal system are relative to energy prices. As the prices of natural gas, propane, and heating oil increase with respect to the price of electricity, the savings associated with getting geothermal increase.

 

Remark:

Some of the articles are taken from the Internet. If there is any infringement, please contact us to delete it. If you’re interesting in heat pump products,please feel free to contact OSB heat pump company,we are your best choice.

 


Post time: Jun-25-2022