2 Major Fort Wayne Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

It’s an unavoidable fact: replacing your present HVAC system with a geothermal heating and cooling system is a costly proposition. Starting costs here in Fort Wayne can run anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other issues account for that. So too does the amount of excavation that must be done and what kind of ductwork modifications are necessary. And if you’re having a new home constructed? It’s not as pricy, generally, but it’ll still cost around 40 percent more than a more common HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. To begin with, some sort of incentives and rebates may be accesable at the federal, state and local level to help you bear the installation costs. Then, too, 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 understand: Local utility rates and the end cost of your installation may prevent full repayment for something like 15 years. Given that geothermal systems frequently endure for upwards of 30 or 50 years, though, you’ll still make out all right. You simply have to figure out at the start what your finances can withstand … and how patient you are.

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

We’ll rattle off the most significant benefits:

  • Compared to conventional heating and cooling systems, geothermal heating and cooling could lop as much as 30 to 60 percent off your heating bills. And it could shrink your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat removed from the ground.
  • Geothermal heat pumps don’t run by combustion, so you’re not endangered by greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are required, geothermal heating and cooling systems operate much quieter than typical, run-of-the-mill systems.
  • Since there are so few moving parts and geothermal systems are protected 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.

Want further information on any of these matters in order to make a decision about your heating and cooling options? Turn to the Fort Wayne geothermal specialists at Masters Heating & Cooling, Inc.. We’re glad to help, regardless of what you decide.