Geothermal how much does it cost

Still, there are a few things to consider when deciding if the timing is right for you. Many factors will contribute to the geothermal heat pump cost that a homeowner can expect to spend during installation.

When you maximize the efficiency of energy used in your home, you can significantly reduce cost and utility bills while improving overall comfort. But it is critical to evaluate the energy load and decide on ways to reduce it if you want to have maximum energy efficiency.

Specific elements, as well as the brand selection, will influence the cost of your geothermal investment. The capacity of your unit needed to facilitate the size of your home will determine the most significant portion of your budget. The larger the size, the higher the cost will be. You can have a range of about 2. Generally, a home will need a unit between the ranges of 2. You also have to consider the types of loops for your geothermal heat pump.

The space you have available will determine whether a horizontal or vertical system is the ideal choice for you. Usually, horizontal loop systems are more cost-effective than a vertical loop. Still, there needs to be adequate space for horizontal loop systems to be installed.

The features of your unit and system efficiency will also be a factor in determining overall costs. Popular features that homeowners look for include domestic hot water production, Wi-Fi control, and remote monitoring features. This cost would cover a complete geothermal installation. At least, a plot of land will be required for this installation. Vertical loop systems on the other hand are installed in situations where it is impossible to make horizontal troughs due to space.

Here, a number of wells will be dug and the pipe loops will be installed directly in the wells. Usually, the wells are deep enough to reach underground water but this is not an issue. Other alternatives are loop systems that are submerged in ponds or other water bodies at the same cost. You should be careful when using online ground source heat pump cost calculators because most of them are too low and significantly below the average cost. This figure is not accurate and not reflective of what it will cost you to install a geothermal heat pump in your home.

At Earth River, we give you the estimated price for heat pump equipment, the drilling costs, and installation costs. You should contact us at Earth River to get an accurate estimate of your geothermal cost. As mentioned above, there are specific factors that influence the specific ground course heat pump cost that you have to invest in for installation.

There are a number of advantages associated with geothermal heating systems that make them a better choice when compared to traditional heating and cooling systems. These are highlighted below. Undoubtedly, there are some disadvantages to geothermal cooling and heating. The primary disadvantage is the initial cost. When you engage us, you are assured of quality and excellent service.

Call us today to discuss your geothermal needs and to request a geothermal installation cost estimate. Previous Next. View Larger Image. About the Author: Mark Schultz. Related Posts. The Future of Global Energy Demand. Water-to-water distribution systems are generally more complicated and thus more expensive. Older homes generally have distribution systems that are designed to deliver heat with the high temperature water that you get from a boiler F.

Water-to-water geothermal systems can only deliver up to about F water temperatures, which usually means the old distribution system radiators, etc need to be replaced or abandoned altogether. These costs quickly add up. The Dandelion Heat Pump is a water-to-air pump.

Homes with multiple zones are divided into areas that each have their own individual temperature control. Duct zoning provides more granular temperature control in sections of the home e. Installing a geothermal heat pump is often part of 'electrifying' a home.

Electrifying a home increases the total amount of electrical power that is pulled, and this can sometimes strain the main line or panel that handles the home's power. This increase is sometimes minor and relatively common, so the cost will be lower. Some homes require a significant increase, however, which comes at a cost-premium. A horizontal ground loop is installed over a wide area of ground and requires enough space to dig trenches hundreds of feet long and feet deep.

If a typical 2, sq. This cost includes only materials, labor, equipment, and supplies and is not the same as the price paid by the customer. A vertical ground loop is installed in one or more boreholes about to feet deep in the ground.

If a 2, sq. The most appropriate loop type for your home primarily depends on the amount of land available and whether or not you have a pond on your property! All three loop types can be equally efficient when installed properly, but the cost can vary widely due to the factors explored below.

The ground loop size is based on the geothermal heat pump size, the soil conditions, and the overall climate. Moist soil will usually transfer heat more efficiently than dry soil. Heat transfer increases with stable, constant temperatures. Temperatures are more consistent in deep ground and less consistent in shallow ground.

Geothermal ground loops are installed using either drilling or trenching equipment based on the loop type and depth. Because horizontal ground loops are long but shallow, installers use a backhoe or a chain trencher to dig them.

Alternatively, vertical ground loops require a drill rig to drill one or more holes several hundred feet deep as well as grout machine to fill in these holes.

Drilling is almost always more expensive than trenching. For many homeowners, vertical ground loops are the best and only option due to space constraints and local geography. Updated October Please note the incentive landscape is rapidly changing and may have shifted by the time you come across this resource.

What Federal, State, and Utility incentives apply to you as a homeowner? In the form of personal tax credits, these incentives save Dandelion customers thousands of dollars. State-level incentives depend on the location you reside in and which utility company you have. Details are listed below. The rebate program requires a pre-inspection and post-inspection step at the customer's home. Dandelion has built this into the installation timeline to ensure all rebate requirements are met.

Below is a list of the PSEG rebate based on system size:. Both Eversource and United Illuminating offer geothermal heat pump incentives via the Energize Connecticut program The following municipal utilities are not part of the Energize Connecticut program; Groton, Bozrah, Norwalk, Wallingford, and Norwich. See the table below for an example of what an average sized home that needs a 5 ton geothermal heat pump system would qualify for in Connecticut.

Geothermal systems are also exempt from state sales tax. However, homeowners cannot take advantage of both. Unfortunately, homeowners who use natural gas to heat their homes are not eligible for a Mass Save rebate at this time. Dandelion offers homeowners state of the art geothermal heating and cooling at an affordable price. The Dandelion Geothermal system provides home heating, central air conditioning and hot water at over four times the efficiency of any furnace on the market.

Experienced 1 New York residential geothermal installer by volume in and Total Integration Our energy consultants work directly with our site survey and design teams to integrate load calculations, ground loop layouts, and other parts of the design process.

That means that by using wifi and secure cloud storage, we collect data about how every part of the system is operating and make recommendations so it can operate even better. Always Improving Automatic software updates so your system will get even smarter over time. This price can increase based on additional complexity like ductwork modifications, electrical upgrades, zoning, bedrock removal, or if multiple heat pumps are needed.

Here is an example of a typical 2, square foot home in Cortlandt, NY with fuel oil heating and central air conditioning versus a Dandelion Home Geothermal Heating and Cooling System. Geothermal Pricing Guide. Geothermal System Permit Costs. Indoor Portion Costs. The actual heat pump price is scaled up or down based on the variables below. A heat exchanger that interacts with the outdoor ground loop.