Geothermal Hvac System Cost

Many quote us department of energy information that says an average geothermal heat pump system costs about 2 500 per ton of capacity.
Geothermal hvac system cost. System life is estimated at up to 24 years for the inside components and 50 years for the ground loop. Beware of online geothermal heating and cooling system cost estimates. 0 down financing options are also available starting at 150 month for a 3 ton heat pump. Larger issues like installing a new compressor can cost up to 1 700.
Home size in general a 3 ton system should suffice for the average sized home. A small 2 ton heat pump system can cost around 5 000 for the pump and installation while larger 5 ton systems may run upwards of 12 000. Geothermal systems require little. 1 why geothermal heat pumps use more electricity for heating than furnaces.
Geothermal heat pumps cost on average 2 500 per ton to install. Even though the installation price of a geothermal system can be several times that of an air source system of the same heating and cooling capacity the additional costs are returned to you in energy savings in 5 to 10 years. Most geothermal heat pump systems have cops of 3 0 to 5 0. If a home requires a 3 ton unit then it would cost about 7 500.
There are some basic factors that will influence the cost of your geothermal system so let s get those basics out of the way before we start getting into dollar amounts. Average cost to install a geothermal heating system is about 20 000 60 000 btu 5 ton closed loop horizontal system for a 2 000sq ft. A geothermal heating system for the average 2 500 square foot home in the us needs a 2 3 ton heat pump or one with 36 000 40 000 btu capacity. Find here detailed information about geothermal heating installation costs.
A geothermal heat pump will immediately save you 30 to 60 percent on your heating and 20 to 50 percent on your cooling costs over conventional heating and cooling systems. This means for every unit of energy used to power the system three to five units are supplied as heat. 2 how homeowners can save money on heating and cooling with geothermal. Geothermal heating system cost.
Dandelion geothermal starts at just over 18 000 25 000 after federal state and utility incentives for a 3 5 ton heat pump system which includes all installation costs. Most are far too low. While a virtual consultation and site survey is the best way to get an accurate operating cost estimate the following information will get you started. The central heat pump unit will account for the majority of repair costs for a geothermal system.
3 what factors can impact a geothermal heat pump s electric usage.