2 Vital Central New Jersey Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. Payback

You can’t escape it: replacing your current HVAC system with a geothermal heating and cooling system is a pricy proposition. Initial costs here in Central New Jersey tend to run anywhere from $10,000 to $30,000 – or above. 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 sort of ductwork modifications are necessary. And if you’re having a new home built? It’s not as budget-busting, usually, but it’ll still cost roughly 40 percent more than an ordinary HVAC system will cost you.

Okay, so much for the bad news. How about some good news? To begin with, certain incentives and rebates may be obtainable at the federal, state and local level to help you bear the installation costs. Then, too, the energy savings you could realize with your new geothermal heating and cooling system will start returning your initial investment relatively quickly. The upshot is, you could recoup your investment in as little as four years. But , then again: Local utility rates and the end cost of your installation may prevent full repayment for as long as 15 years. Because geothermal systems often last for upwards of 30 or 50 years, though, you’ll still come out ahead. You just have to calculate sooner rather than later what your finances can withstand … and how patient you are.

2.     Geothermal Benefits Can Easily Override Worries About Starting Costs

Let us itemize the most significant benefits:

  • Compared to typical heating and cooling systems, geothermal heating and cooling could lop 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 work 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 necessary, geothermal heating and cooling systems are much quieter than typical, run-of-the-mill systems.
  • The absence of many complex moving parts and the fact that geothermal systems are protected from the elements ensure many decades of low-maintenance, top-performance use. Indoor components may last about 30 years, ground loops, about 50.

Want further information on any of these matters in order to make a decision about your heating and cooling options? Visit the Central New Jersey geothermal pros at CMS Geothermal. We’re happy to help, whatever you decide.