2 Major Central Minnesota Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. Payback

There’s no escaping it: replacing your current HVAC system with a geothermal heating and cooling system is an expensive proposition. Starting costs here in Central Minnesota tend to be anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other issues have a say in it. So too does the amount of excavation that must be done and what sort of ductwork modifications are necessary. And if you’re having a new home built? It’s not as expensive, overall, but it’ll still cost about 40 percent more than an ordinary HVAC system will cost you.

Okay, you wanted the bad news first. Now, for the good news. First off, certain incentives and rebates may be available at the federal, state and local level to help you bear the installation costs. What’s more, the energy savings you could realize with your new geothermal heating and cooling system will help you begin to recoup your initial investment almost immediately. 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 something like 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 calculate sooner rather than later what your finances can take … and how patient you are.

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

Let us itemize the most important benefits:

  • Compared to ordinary 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 run 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 necessary, geothermal heating and cooling systems operate much quieter than common systems.
  • The absence of many complicated moving parts and the fact that geothermal systems are protected from the elements ensure many decades of low-maintenance, top-performance use. Indoor components may hold up for about 30 years, ground loops, about 50.

Need further information on any of these issues in order to make a decision about your heating and cooling options? Visit the Central Minnesota geothermal pros at Geothermal Concept. We’re eager to help, regardless of what you decide.