Geothermal Energy Cost Comparison
Geothermal Heat Pumps are designed to save you money on your heating and cooling costs. Having a geothermal systems installed in your home by a licensed geothermal HVAC contractor can save you up to $1000 or more a year on your energy costs.
Below are the annual heat costs using various energy sources, listed from the least expensive to the most expensive. These numbers are based on a home of approximately 2500 square feet of space and evergy efficient windows and insulation.
| Geothermal: |
$492.00 |
| Air Source Heat Pump (natural gas backup): |
$872.00 |
| Air Source Heat Pump (propane backup): |
$1076.00 |
| Air Source Heat Pump (electric backup): |
$1127.00 |
| Natural Gas: |
$1121.00 |
| Electric Resistance Heat |
$2454.00 |
| Propane (LP) |
$2377.00 |
| #2 Fuel Oil |
$1505.00 |
Calculations based on electricity @ .10/KWH, natural gas @ $1.20 /Therm, LP gas @$2.39/gal, and fuel oil @ $2.09/gal. Individual prices may vary. Prices as of February 10, 2009.
Contact us today to discover what your energy savings can be by having a Geothermal system installed in your home.
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