2 Key Mt. Pleasant Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. ROI

It’s an unavoidable fact: replacing your current HVAC system with a geothermal heating and cooling system is an expensive proposition. Starting costs here in Mt. Pleasant tend to run anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other issues have a say in it. So too does the amount of excavation that must be done and what type of ductwork modifications are needed. And if you’re having a new home built? It’s not as budget-busting, overall, but it’ll still cost approximately 40 percent more than an ordinary HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. To begin with, certain incentives and rebates may be available at the federal, state and local level to help you bear the installation costs. Then, too, the energy savings feasible with your new geothermal heating and cooling system will start paying back your initial investment almost immediately. That means you could recoup your investment in as little as four years. But , then again: Local utility rates and the total cost of your installation may hold up full repayment for, oh, say 15 years. Given that geothermal systems frequently keep working for upwards of 30 or 50 years, though, you’ll still be ahead of the game. You just have to figure out at the start what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Worries About Up-Front Costs

We’ll list the major benefits:

  • Compared to more familiar heating and cooling systems, geothermal heating and cooling could nick as much as 30 to 60 percent off your heating bills. And it could shrink your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat removed from the ground.
  • Geothermal heat pumps don’t work by combustion, so you’re not endangered by greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Given that no outdoor fans or compressors are needed, geothermal heating and cooling systems are much quieter than traditional systems.
  • Since there are few moving parts and geothermal systems are shielded from the elements, you’re assured many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Want more information on any of these matters in order to make a decision about your heating and cooling options? Turn to the Mt. Pleasant geothermal specialists at Moline Heating & Cooling. We’re glad to help, regardless of what you decide.