2 Critical Cape Cod Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

There’s no getting around it: replacing your present HVAC system with a geothermal heating and cooling system is a costly proposition. Up-front costs here in Cape Cod tend to be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other issues account for that. So too does the amount of excavation that has to be done and what type of ductwork modifications are necessary. And if you’re having a new home constructed? It’s not as expensive, usually, but it’ll still cost around 40 percent more than a standard-issue HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. To begin with, certain incentives and rebates may be available at the federal, state and local level to assist you with installation costs. Then, too, the energy savings achievable with your new geothermal heating and cooling system will start paying back your initial investment in no time. The upshot is, you could recoup your investment in as little as four years. But be advised: Local utility rates and the end cost of your installation may slow full repayment for something like 15 years. Given that geothermal systems frequently endure 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 withstand … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Any Anxieties About Starting Costs

Let us itemize the most significant benefits:

  • Compared to conventional heating and cooling systems, geothermal heating and cooling could clip as much as 30 to 60 percent off your heating bills. And it could reduce your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat taken from the ground.
  • Geothermal heat pumps don’t run by combustion, so you’re not confronted with greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are needed, geothermal heating and cooling systems run 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.

Looking for further information on any of these issues in order to make a decision about your heating and cooling options? Turn to the Cape Cod geothermal specialists at Atlantic Well Drilling. We’re eager to help, regardless of what you decide.