2 Crucial Traverse City Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. ROI

It’s an inescapable fact: replacing your existing HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Traverse City tend to run anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other matters account for that. So too does the amount of excavation that has to be done and what sort of ductwork modifications are necessary. And if you’re building a new home? It’s not as expensive, generally, but it’ll still cost about 40 percent more than an ordinary HVAC system will cost you.

Okay, we’ve dispensed with the bad news. Let’s tune in now to the good news. First, some sort of incentives and rebates may be offered at the federal, state and local level to help you bear the installation costs. Second, the energy savings you could realize with your new geothermal heating and cooling system will help you begin to recoup your initial investment in no time. 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 slow full repayment for as long as 15 years. Since geothermal systems tend to last for upwards of 30 or 50 years, though, you’ll still make out all right. You simply have to figure out at the start what your finances can tolerate … and how patient you are.

2.     Geothermal Benefits Can Easily Outweigh Worries About Up-Front Costs

Let us enumerate the most consequential benefits:

  • Compared to typical heating and cooling systems, geothermal heating and cooling could slash 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 operate by combustion, so you’re not bothered by 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 run much quieter than common systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are sheltered from the elements ensure many decades of low-maintenance, top-performance use. Indoor components may hang in there for about 30 years, ground loops, about 50.

Looking for a little clarification on any of these matters in order to make a decision about your heating and cooling options? Turn to the Traverse City geothermal specialists at D&W Mechanical. We’re eager to help, whatever you decide.