Reasons to invest in a geothermal system

Although geothermal heating and cooling has received recent popularity across the country, it’s not a current technology.

The principle was absolutely used in Roman times. Geothermal heat pumps take luck of the renewable, free and natural thermal energy found underground to heat or cool the home, however only a small amount of energy is required to run the equipment. The geothermal system absolutely produces four times the amount of energy it uses, achieving a 400% efficiency rating. According to the US Environmental Protection Agency, geothermal systems are the most environmentally-friendly opening on the market. Switching to this type of temperature control can save homeowners up 69% on heating bills and up to 50% on cooling costs. Plus, with the addition of a minor switch, the geothermal heat pump can supply a virtually free source of domestic tepid water. With correct repair the indoor component can be expected upwards of twenty years. The ground loop is properly warrantied for fifty years and should supply reliable operation for over one hundred years. While the upgrade of a geothermal system is far more lavish than a more conventional alternative, it adds considerable value to the home. For the average homeowner, the investment will spend my money for itself in energy savings in approximately five years. Over the last few years, the initial costs have come down quite a bit. There are incentive programs and tax rebates available to further offset the start-up expense. Certain financial institutions now offer home buyers greater mortgage chances if they buy a house with a geothermal system. Safe, wash and quiet, a geothermal system is an ideal solution for year round comfort.

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