Geothermal Heating And Cooling Cost Per Month

Geothermal systems start at about 5 000 per ton and can go as high as 7 500 or 9 000 per ton.

Geothermal heating and cooling cost per month.

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. You ll save an estimated 500 per year in maintenance costs. Most homeowners pay around 15 000. Most are far too low.

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. A small 2 ton heat pump system can cost around 5 000 for the pump and. If a home requires a 3 ton unit then it would cost about 7 500. 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.

Conventional forced air hvac systems cost about 3 000 per ton of heating or cooling capacity for a new house. 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. 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. Again with the cost of electricity in her area at around 0 10 per kwh that put her annual cooling.

Home heating cooling costs. Geothermal heat pumps cost on average 2 500 per ton to install. Federal tax credits cushion your investment. According to the u s.

This home will save 1 581 or 47 of their total heating and cooling costs every year with geothermal. A geothermal heat pump saves on heating and cooling costs. Beware of online geothermal heating and cooling system cost estimates. That means over time your geothermal system begins to pay for itself.

Still geothermal remains king and in julia s case represented an annual savings of 30 on cooling costs. 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. 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. Many quote us department of energy information that says an average geothermal heat pump system costs about 2 500 per ton of capacity.

Benefits of geothermal heating and cooling systems. 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. Awarded energy star most efficient designation. Department of energy this system uses 25 to 50 percent less electricity than conventional systems.

It runs more efficiently so it costs you less money up to 80 savings over your existing heating and cooling system costs.