Geothermal Heating Cost

The geo systems are the systems that are used to provide heating to homes/buildings. These systems are also used to produce electricity. These systems have great potential in terms of cost savings and provide a pollution free means of heating. The initial cost of the geothermal system depends on many things. It varies greatly in accordance with the geology, size of the geothermal system, local labor rates, the quality of equipment selected. Generally these systems are tougher to install and costlier initially as compared to the air source heat pumps. The geothermal heating cost can be almost 50-100% more expensive for a geo thermal heat pump when the circulating pump, indoor piping, and water source heat pumps are considered. Generally the ground loop of the geo thermal system is the most expensive component. The rates of installing the ground loops also depend a lot on the drilling conditions and local labor rates. Overall there a high possibility of one paying something around 4000 to 11000 dollars more for a three ton geo thermal heating plant than as compared to a similar air source heat pump. Though these systems are quite costly initially, they prove to be very economical under a longer run. These systems offer high efficiency and very low geothermal heating costs. The geothermal heating costs are known to save almost 30 to 60 percent on heating and 20 to 50 percent on cooling costs when compared to the traditional methods. In addition to these various savings in terms of running costs provided by the geo thermal heating system it also has various other advantages to offer. The liquid antifreeze used as a heat transfer agent is non toxic, on polluting and is usually a bio degradable substance. The piping is made up such materials and is designed in such a manner so as to withstand high temperatures.