My husband and I are in the planning stages of building a new home.
We’ve agreed upon a floorplan for the house but are still deciding on some of the details. One of the biggest debates has been over the type of heating and cooling system. We live in an area where the weather requires just about year round temperature control. Heating and cooling accounts for about 50% of household energy consumption. We’re looking for a system to provide safe and efficient comfort. While we considered all different makes of furnaces and air conditioners, we are leaning toward the installation of a geothermal heat pump. Although the cost of this type of system is a lot higher than conventional options, there are a lot of tax incentives that make it more affordable. Plus, geothermal heat pumps achieve efficient ratings between 300% and 500%. That means that for every single unit of energy the equipment needs to operate, it produces approximately five units of energy. It is around twice as energy efficient as other types of heaters and air conditioners. We’d be able to cut the monthly cost of temperature control by up to 70%. Plus, with a simple addition to the system, it would provide hot water and save us around 40% on our water heating bills. We’d have plenty of time to recover our investment because geothermal heat pumps last an average of twenty to twenty-five years. The underground loop is warrantied for fifty years and can be expected to last twice that long. Because there’s very few moving parts, there’s very little to go wrong. We’d also be implementing the most environmentally-friendly means of heating and cooling on the market. Geothermal heat pumps don’t burn fossil fuels to operate, so there’s no carbon monoxide or greenhouse gases.