2 Key East Tennessee Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

There’s no avoiding it: replacing your current HVAC system with a geothermal heating and cooling system is a pricy proposition. Initial costs here in East Tennessee can be anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other factors have a say in it. So too does the amount of excavation that must be done and what type of ductwork modifications are necessary. And if you’re building a new home? It’s not as budget-busting, overall, but it’ll still cost roughly 40 percent more than an ordinary HVAC system will cost you.

Okay, we’ve gotten the bad news out of the way. Let’s turn now to the 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. What’s more, the energy savings possible with your new geothermal heating and cooling system will start paying back your initial investment right away. 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 slow full repayment for as long as 15 years. Since geothermal systems frequently endure for upwards of 30 or 50 years, though, you’ll still make out all right. You just have to figure out at the start what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Override Worries About Front-End Costs

Allow us to cite the top benefits:

  • Compared to typical heating and cooling systems, geothermal heating and cooling could nick 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 transferred from the ground.
  • Geothermal heat pumps don’t operate by combustion, so you’re not bothered 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 necessary, geothermal heating and cooling systems are much quieter than conventional systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are effectively shielded from the elements ensure many decades of low-maintenance, top-performance use. Indoor components may be good for about 30 years, ground loops, about 50.

Need a little clarification on any of these matters in order to make a decision about your heating and cooling options? Visit the East Tennessee geothermal pros at Geo Pros of Knoxville. We’re eager to help, regardless of what you decide.