Geothermal heat pumps are nearly a miracle of the modern world, offering excellent heat transfer capabilities, for little running cost.
While it’s true that the cost of fitting such a system is generally quite expensive, the gains and the savings can be quite remarkable; the cost of fitting a new system is recouped generally between 2 – 10 years.
We have seen prices between $7,500 and $25,000 for an ‘average’ family home, to be truthful, we wouldn’t be able to give any definitive prices without a full home survey. You can see that the prices vary wildly, some of that would be down to actual costs of the system installed, some of it due to a particular business needing work or a combination of both.
If you dig a hole in your yard, you’re more than likely to find soil, certainly for 18” - 36” at least, maybe even deeper. But what about after that? Is it rock? Stone? Sand? You can be sure of one thing; it’s not fresh air!
The system has to be installed in that, this can mean a lot of digging and possibly a lot of very deep holes. Depending on whether you’re going through rock or soil will make a large difference to the final installation cost.
Keeping with geography; the actual local climate will also make differences to the type of system needed and used.
Size also matters
The size of the home is also crucial to the cost of installation, what is an average size anyway?
All of these factors make a difference to the installation cost, each one on its own will have a significant impact, but combine all of them together and the difference soon mounts up.
Our advice would be to speak to an expert or three, get good solid advice and start looking at the options.
To speak to our experts, CONTACT US ONLINE or call 636-225-0087