Geothermal Heating Costs

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http://renewableheating101.com
We look at Geothermal Heating Costs as it relates to conventional systems, including energy savings, geothermal tax credits, renewable energy loans, and a good overall comparison of the systems.

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  • Geothermal Heating Costs

    1. 1. GeothermalHeating Costs RenewableHeating101.com
    2. 2. Geothermal Heating Costs• Initial Installation of Geothermal System is More Expensive than Conventional System • Labor, Materials, Equipment• Pays for Itself Over Time• Payback Period of about 3-7 years • Depending on Installation Type RenewableHeating101.com
    3. 3. Payback Period Length Variables• Cost of Electricity in Local Area• Type of Ground Loop• Size of Your System Compare to Conventional Alternative RenewableHeating101.com
    4. 4. Energy Savings• Systems Run at about 250% - 400% Efficiency• 1 Unit of Energy In - 4 Units Out• Typically about 1/5 of the energy cost of conventional system• If you were paying $3,000 per year, you’d be paying $500 per year. RenewableHeating101.com
    5. 5. Geothermal Tax Credits• Tons of Money Available for Geothermal• 30% Federal Tax CREDIT • Money Off of Your Taxes• State Rebates Available• Utility Company Rebates• DSIRE Website RenewableHeating101.com
    6. 6. Renewable Energy Loans• Tons of ‘Green’ Stimulus Money• Renewable Energy Loans• Low Interests Rates• Trying to Give them Away• Still be Positive Cash Flow with Energy Savings RenewableHeating101.com
    7. 7. Bottom Line• Geothermal Systems can Save You Thousands• Higher Initial Costs• Reduced with Rebates and Incentives• Best Economical Decision for Life RenewableHeating101.com
    8. 8. RenewableHeating101.co m

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