2 Key Oswego Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. ROI

There’s no avoiding it: replacing your present HVAC system with a geothermal heating and cooling system is an expensive proposition. Initial costs here in Oswego tend to run anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other considerations]17] account for that. So too does the amount of excavation that has to be done and what kind of ductwork modifications are needed. And if you’re building a new home? It’s not as expensive, generally, but it’ll still cost around 40 percent more than a typical HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. To begin with, a number of incentives and rebates may be obtainable at the federal, state and local level to help you out with installation costs. Second, the energy savings you could realize with your new geothermal heating and cooling system will start returning your initial investment in no time. 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 delay full repayment for something like 15 years. Because geothermal systems frequently keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You just have to figure out at the start what your finances can tolerate … and how patient you are.

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

Allow us to enumerate the most significant benefits:

  • Compared to standard heating and cooling systems, geothermal heating and cooling could clip as much as 30 to 60 percent off your heating bills. And it could decrease your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat extracted from the ground.
  • Geothermal heat pumps don’t operate by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are necessary, geothermal heating and cooling systems operate much quieter than common systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are sheltered from the elements pretty much guarantee many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Need more information on any of these points in order to make a decision about your heating and cooling options? Visit the Oswego geothermal pros at Nodines Heating Inc.. We’re glad to help, whatever you decide.