Can A Geothermal Heat Pump Save You Money?

By Maggie Diaz
Last Updated On

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Geothermal heat pumps are an energy-efficient way to stay warm in the winter and cool in the summer. Even though geothermal heat pump installation can cost more than installing a standard furnace, it’s often worth it. 

Geothermal technology has many advantages that make it well worth investing in, both for your wallet and for the environment.

You can expect savings of anywhere from 30 to 70% on your heating bill. Not only that, you can expect around a 50% saving on your cooling as well!

Feeling excited?

You should be! Read on to find out exactly how you can save with a geothermal heat pump today and get some great money-saving tips for your business!

 

Geothermal Heat Pumps are More Energy Efficient and Lower Your Heating Bills

save money with geothermal pump

Geothermal heat pumps are more energy-efficient than other heating systems

Geothermal heat pumps use less energy than other systems because of their high efficiency and ability to match your home’s needs by adjusting the temperature based on how much energy you’re using. 

For example, a geothermal heat pump may not need to run at all if there is no one in your house, but it will run when you turn on the lights or heater after being away for a few hours.

 

Geothermal Heat Pumps Save You Money on Heating Bills

You can save money by using a geothermal heat pump instead of an older system because they cost less to operate and maintain over time. 

And if you have a finicky system that has been difficult for technicians to diagnose and repair, then replacing it with this newer technology could mean getting your furnace fixed once and never needing repairs again!

Related:
Obama Administration Approves New Renewable Energy Projects

 

Geothermal Heat Pumps Are Great For High-Rise Offices

If you work in an office building, a geothermal heat pump is a great option. Because they conserve energy, high-rise buildings are considered to be more energy-efficient than single-family homes. 

The lower the building’s height and the fewer stories it has, the less effective geothermal heating systems will be at keeping you warm in winter (and cool in summer). 

But if your office is tall enough to benefit from its natural ability to draw heat directly from underground water sources or rocks, then this could be just what you need!

Geothermal heat pumps are also quieter than traditional air conditioners and furnaces. This is a plus for anyone who finds appliances’ sounds distracting or annoying. 

They’re also more reliable than other types of equipment because their components don’t break down as often due to their low operating temperatures (around 10 degrees Celsius compared with conventional mechanical systems, which run at 120°C–175°C).

And finally: 

Geothermal units use about half as much electricity as traditional HVAC systems do because they’re powered by renewable energy sources rather than fossil fuels! 

 

Geothermal Heat Pumps Reduce Your Carbon Footprint

  • Geothermal heat pumps use less energy than conventional systems.
  • They’re more efficient than conventional systems.
  • They are more environmentally friendly than conventional systems.
  • They require less maintenance than their counterparts.
  • They’re quieter than any other system.

 

Geothermal Systems Are Safe and Quiet

Geothermal systems do not have combustion engines or boilers, so they produce no noise or carbon monoxide emissions. 

Related:
Did You Know? Geothermal Power Facts

They also don’t release particulates or air pollution into the atmosphere, which means you can enjoy your new system’s peace and quiet without having to worry about the environmental effects of using it.

 

Geothermal Technology Is Very Reliable and Low-Maintenance

geothermal energy technology

You won’t need to worry about replacing parts or repairing your geothermal heat pump. 

Because these systems are installed underground and away from the elements, they are highly reliable and typically last for decades (what a win).

You can expect a geothermal heat pump to save money over time because of its low maintenance costs.

Geothermal systems don’t use air filters, so no need to spend on replacing them! 

 

A Geothermal Heat Pump Can Help You Save Money

Geothermal heat pumps are more efficient than electric heat pumps, which is what most people think of when they hear the word “heat pump.” 

While both types of heat pumps use electricity to move heat from one place to another, electric-powered models tend to be less efficient overall because they require more energy than geothermal versions do.

Geothermal systems use the earth’s temperature as their source for both heating and cooling. As a result, these systems don’t need ductwork or other complicated equipment in order to function properly.

All you have to do is drill into the earth or make an opening near your building foundation wall so that the pipes can be installed correctly. 

This means there aren’t any additional costs associated with installing a geothermal system, the only outlier will be drilling fees (which are likely small). 

Related:
Renewable Energy Development and Environmentally Aware Energy

Geothermal systems also don’t require any maintenance or repair work since they rely on natural resources like soil instead of electricity or gas lines.

 

Conclusion

We’re not going to lie: making the switch to a geothermal heat pump is expensive. This means that it’s not exactly something you can decide to do on a whim. 

But if you are deciding between investing in this system or regular heating…go with geothermal. After all, installing the system will save you money down the road by reducing your heating costs and keeping your business more comfortable throughout the year. 

It’ll also help protect our planet thanks to its low carbon footprint. So go ahead, make that big decision! We think it’s worth it!

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