Geothermal Heating And Cooling Cost Per Month

The average national cost to install a geothermal heating and cooling system also known as ground source heat pumps gshp ranges between 7 000 30 000.
Geothermal heating and cooling cost per month. Geothermal systems start at about 5 000 per ton and can go as high as 7 500 or 9 000 per ton. Julia s annual cooling load is 29 1 mmbtu and her cooling system had to pull 1996 kwh from the grid to keep up with the summer heat. The 500a11 provides forced air heating air conditioning and even generates a portion of your home s hot water all from a single unit that offers a level of comfort and savings that s far greater than any ordinary system. Geothermal heat pumps cost on average 2 500 per ton to install.
You ll save an estimated 500 per year in maintenance costs. This home will save 1 581 or 47 of their total heating and cooling costs every year with geothermal. Average homes typically use between two and five tons. Again with the cost of electricity in her area at around 0 10 per kwh that put her annual cooling.
Most energy efficient dual capacity unit available. Below is an example of a typical 2 500 square foot home in cortlandt ny with fuel oil and central air conditioning versus dandelion geothermal heating and cooling. While the precise heat pump size is dictated by the home s heating and cooling needs a standard single family 2 000 square foot home usually requires a 5 ton heat pump 7 500 to 12 500. Conventional forced air hvac systems cost about 3 000 per ton of heating or cooling capacity for a new house.
That means over time your geothermal system begins to pay for itself. Geothermal technology saves you money each and every day. Department of energy this system uses 25 to 50 percent less electricity than conventional systems. Federal tax credits cushion your investment.
An average geothermal heat pump costs between 1 500 to 2 500 per ton within dandelion s service territory which includes parts of new york state. It runs more efficiently so it costs you less money up to 80 savings over your existing heating and cooling system costs. A small 2 ton heat pump system can cost around 5 000 for the pump and. If a home requires a 3 ton unit then it would cost about 7 500.
Most homeowners pay around 15 000. Many quote us department of energy information that says an average geothermal heat pump system costs about 2 500 per ton of capacity. Beware of online geothermal heating and cooling system cost estimates. Still geothermal remains king and in julia s case represented an annual savings of 30 on cooling costs.
Most are far too low. Awarded energy star most efficient designation. Benefits of geothermal heating and cooling systems. A geothermal heat pump saves on heating and cooling costs.
Home heating cooling costs.