Are you interested in geothermal heat pump financial benefits?
Hold on. Let’s start over. If you don’t want to save money, raise your hand. Okay, no one. Now that we’ve got that settled, we can move on.
Geothermal Heat Pump Financial Benefits & You!
Let’s start with a simple question: How many times do you pay for an HVAC system? If you said, “Once,” you’re wrong.
You probably think about HVAC in terms of the money you spent to buy the system. But! You don’t pay once for heating and air – you pay many times. Yes, you have to pay for the initial purchase and installation, but then you’ll pay again every single month.
I’m not talking about any hidden fees; I’m talking about your utility bill.
Air cooling is a very energy intensive process. Which is why you shouldn’t think of your HVAC system in terms of a single, up-front cost. Every month you have to buy energy to keep your unit running should be factored into your budget.
What To Do About It
So what can you do? There are some basic things that will help you manage expenses.
1. Keep your filters clean. Not only will this help your unit maintain peak efficiency, but it will prevent mechanical breakdown.
2. Insulate, insulate, insulate. Conditioned air escaping the building means your unit works harder than it should.
3. Not going to be home for a while? Set the cooling point on a higher temperature.
4. Take advantage of monumental geothermal heat pump financial benefits.
Cut Your Expenses
Geothermal heat pumps are among the most energy efficient HVAC systems ever developed. They rely on buried heat to maintain unparalleled operating efficiency every day of the year.
Which is great, but how does that capability translate into raw geothermal heat pump financial benefits?
Most geothermal heat pump owners see their utility costs drop after they make the switch. Some reduce their expenses by as much as 70% – that’s a lot. In fact, the U.S. Department of Energy estimates most new geothermal heat pump pay off their installation costs in 5-10 years from utility savings alone. That’s not even counting all the incentive and grant programs geothermal heat pump owners can claim when they make use of renewable energy technology.
So…who wants to save money?