2 Major Manhattan Geothermal Heating and Cooling Considerations

1.     Front-End Costs vs. ROI

There’s no escaping it: replacing your present HVAC system with a geothermal heating and cooling system is a costly proposition. Initial costs here in Manhattan can be anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other factors come to bear on it. So too does the amount of excavation that must be done and what type of ductwork modifications are needed. And if you’re having a new home constructed? It’s not as pricy, normally, but it’ll still cost approximately 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 offered at the federal, state and local level to assist you with installation costs. Then, too, the energy savings feasible with your new geothermal heating and cooling system will help you begin to recoup your initial investment right away. 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 as much as 15 years. Seeing as how geothermal systems tend to keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You simply have to calculate sooner rather than later what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Override Concerns About Starting Costs

We’ll cite the major benefits:

  • Compared to more familiar heating and cooling systems, geothermal heating and cooling could clip as much as 30 to 60 percent off your heating bills. And it could minimize 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 operate by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are required, geothermal heating and cooling systems are much quieter than traditional systems.
  • Since there aren’t many moving parts at all and geothermal systems are protected from the elements, you’re pretty much guaranteed many decades of low-maintenance, top-performance use. Indoor components may be good for 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? Visit the Manhattan geothermal pros at Carlson Heating & AC, LLC. We’re happy to help, no matter what you decide.