How Much Can I Really Save by Installing a Geothermal System in Iowa?
The savings you will experience with the implementation of a geothermal heating and cooling system into your residential or commercial property are significant, making the upfront investment of system purchase and installation well worth it in the long-run. While your exact savings will be determined by many variables, including your climate, thermostat setting and electric rate, most homeowners will see a reduction of 30 to 70 percent in their heating and cooling costs.
A study by the U.S. Environmental Protection Agency showed that geothermal systems have the lowest life-cycle cost of all heating and cooling systems currently on the market. Lower maintenance costs and longer life expectancy of geothermal units should certainly be taken into consideration when determining true savings.
Aside from the long-term savings associated with geothermal systems, there are also a number of ways to save on your initial purchase. These savings give you the instant gratification of having the money now.
This includes federal and state tax incentives, manufacturer rebates, and there are a variety of heating and cooling rebates from Mid-American Energy to help you save money and conserve energy all season long. By having Metro Heating and Cooling help you choose the right unit for your home, you can control how much you save – from as little as a few dollars each month to hundreds of dollars a year.
What are the benefits of
Flammable fossil fuels are not used to operate geothermal units. Because there is no combustion, there is no chance of explosion, hazardous fumes or risk of carbon monoxide poisoning.
Geothermal is an excellent heating and cooling solution that performs well in cool northern climates as well as warm southern conditions, in homes small, large, new, existing and every home in between.
Lower Operational Costs
Geothermal systems have efficiency ratings of 400 to 500%. An efficiency rating is the ratio of heat actually generated versus the amount of energy used to produce the heat. A rating of less than 100% means you are losing heat that you are paying for. This loss is typically caused by energy consumption required for the combustion process of a fossil fuel furnace. The most efficient natural gas furnaces cannot compete at a rating of only 95%.
Geothermal systems have a positive impact on the environment since they burn no fossil fuels and operate on a modest amount of electricity. According to the United States Department of Energy and the Environmental Protection Agency, geothermal systems are the most environmentally friendly way to heat and cool your home. They do not emit greenhouse gasses, which are known to contribute to environmental air pollution.
Conventional A/C’s and heat pumps require noisy outdoor equipment. Geothermal systems do not. In fact, GeoComfort Compass units isolate the unit’s compressor, all but eliminating any rattling or vibration caused by operation.
Bonus Hot Water
Geothermal systems have the capability of capturing reclaimed heat during heating and cooling modes and using it to heat domestic water. This application can reduce the water heating cost of a four-person household by 50 to 60 percent.
Geothermal systems provide superior air comfort. They demonstrate increased air purification and dehumidification versus conventional systems. In addition to improved air quality, geothermal systems keep indoor air temperatures at consistent levels, eliminating hot and cold spots that are typical of all conventional systems.
You can expect your geothermal system
to provide an average of 20 to 24
years of reliable comfort and savings. In comparison, the average life cycle of a conventional system is 13
to 15 years.