If you have investigated the possibility of installing a geothermal heating and cooling system in your home, you have probably already discovered how much money a properly installed one can save you each year. According to various studies, installing a ground-source heat pump can provide savings of up to 80% over existing heating and cooling systems.
We’ll explain in this post how ground-source heat pumps—heat pumps that use geothermal energy as their medium of exchange rather than the air—can run so cost-effectively. If you’re interested in installing a geothermal system in Middletown, KY, call the experts at AccuTemp Heating and Air Conditioning today to schedule an appointment.
Why Geothermal Heat Pumps Will Save You Money:
- Temperature consistency: The temperature of the earth ten feet below the surface remains at a constant temperature, regardless of the temperature on the surface. Where an air-source heat pump can have difficulty with climate extremes, a ground source heat pump will always have a steady source for heat exchange. According to the U.S. Department of Energy, a geothermal heat pump on the coldest winter night is twice as efficient as an air-source heat pump.
- Extended lifespan: Geothermal systems have an estimated lifespan of 25+ years for the inside components and 50+ years for the ground loops, longer than almost any other heating or cooling system. This means years and years of additional savings beyond the payback period.
- They’re heat pumps: Finally, we should add that heat pumps in general are money-savers, ground-source or air-source, when compared to furnaces and boilers. Because heat pumps only need a small amount of electricity to move heat, instead of burning fuel to create it, they can save you up to 30% on your heating bills if you switch from another system.
Find Out if Geothermal is Right For You
There are two cautions regarding ground-source heat pumps: initial installation can be expensive, and they will not work for all properties. The enormous energy savings from geothermal means they will pay back their installation costs after 5–10 years, but you should check with professional installers to see if a system in your area will actually do the job you need it to. AccuTemp Heating and Air Conditioning specializes in providing geothermal system services in Middletown, KY.