With Geothermal heating and cooling, you can expect to save anywhere between 40% and 70% of your annual heating and cooling expenses. You will actually increase your savings even further because the ongoing operating expenses with Geothermal heating and cooling are much lower than for oil, gas, propane. This is especially true in WNC where fuel prices are higher than in most of the country.
The following table helps show the cost savings you can expect:
(table courtesy of Climate Master, Inc. - one of our vendors for Geothermal Heat Pumps) |
Summary of Geothermal Heat Pump savings:
- Cost savings between 40% and 70% of your current heating and cooling expenses
- Save money in operating and maintenance costs
- Investments recouped in only a few years — even faster with current tax credits
- Positive cash flow — energy savings usually exceed the cost of financing the system
- Some utilities offer rebates or incentives to their customers who purchase Geothermal Systems
