Geothermal Heating And Cooling Cost Per Month

A geothermal heat pump saves on heating and cooling costs.

Geothermal heating and cooling cost per month.

Conventional forced air hvac systems cost about 3 000 per ton of heating or cooling capacity for a new house. That means over time your geothermal system begins to pay for itself. 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. According to the u s.

Geothermal technology saves you money each and every day. Most homeowners pay around 15 000. It runs more efficiently so it costs you less money up to 80 savings over your existing heating and cooling system costs. Benefits of geothermal heating and cooling systems.

Most energy efficient dual capacity unit available. Average homes typically use between two and five tons. A small 2 ton heat pump system can cost around 5 000 for the pump and. Still geothermal remains king and in julia s case represented an annual savings of 30 on cooling costs.

Geothermal systems start at about 5 000 per ton and can go as high as 7 500 or 9 000 per ton. Beware of online geothermal heating and cooling system cost estimates. This home will save 1 581 or 47 of their total heating and cooling costs every year with geothermal. 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.

Geothermal heat pumps cost on average 2 500 per ton to install. Department of energy this system uses 25 to 50 percent less electricity than conventional systems. Awarded energy star most efficient designation. Most are far too low.

Federal tax credits cushion your investment. Again with the cost of electricity in her area at around 0 10 per kwh that put her annual cooling. 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. You ll save an estimated 500 per year in maintenance costs.

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. 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. 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. If a home requires a 3 ton unit then it would cost about 7 500.

Home heating cooling costs.