2 Critical Scranton Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. ROI

There’s no avoiding it: replacing your existing HVAC system with a geothermal heating and cooling system is a pricy proposition. Front-end costs here in Scranton tend to be anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other factors account for that. So too does the amount of excavation that must be done and what kind of ductwork modifications are required. And if you’re having a new home constructed? It’s not as expensive, overall, but it’ll still cost about 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, some sort of incentives and rebates may be offered at the federal, state and local level to assist you with installation costs. What’s more, the energy savings achievable with your new geothermal heating and cooling system will start returning your initial investment right away. That means you could recoup your investment in as little as four years. But be prepared: Local utility rates and the total cost of your installation may delay full repayment for, oh, say 15 years. Seeing as how geothermal systems usually keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You just have to determine early on what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Any Anxieties About Front-End Costs

We’ll itemize the most important benefits:

  • Compared to common heating and cooling systems, geothermal heating and cooling could slash as much as 30 to 60 percent off your heating bills. And it could minimize 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 there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and 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 common systems.
  • Since there are few moving parts and geothermal systems are shielded from the elements, you’re pretty much guaranteed 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 points in order to make a decision about your heating and cooling options? Visit the Scranton geothermal pros at Jim Lamberti Contracting Services, LLC. We’re glad to help, regardless of what you decide.