2 Major Central Virginia Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

It’s an inescapable fact: replacing your current HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Central Virginia tend to be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other factors play into it. So too does the amount of excavation that must be done and what type of ductwork modifications are required. 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 standard-issue HVAC system will cost you.

Okay, we’ve gotten the bad news out of the way. Let’s turn now to the good news. To begin with, a number of incentives and rebates may be obtainable at the federal, state and local level to assist you with installation costs. Also, the energy savings you could experience with your new geothermal heating and cooling system will help you begin to recoup your initial investment almost immediately. That means you could recoup your investment in as little as four years. But understand: Local utility rates and the final cost of your installation may hold up full repayment for, oh, say 15 years. Given that geothermal systems often keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You merely have to calculate sooner rather than later what your finances can bear … and how patient you are.

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

We’ll enumerate the major benefits:

  • Compared to traditional heating and cooling systems, geothermal heating and cooling could nick 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 transferred 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.
  • Given that no outdoor fans or compressors are required, geothermal heating and cooling systems are much quieter than conventional systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are protected 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 matters in order to make a decision about your heating and cooling options? Speak with the Central Virginia geothermal experts at Scott Horseman Heating & Air Conditioning Inc.. We’re happy to help, no matter what you decide.