2 Major Central New Jersey Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. ROI

There’s no getting around it: replacing your present HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Central New Jersey tend to be anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other issues come to bear on it. So too does the amount of excavation that must be done and what type of ductwork modifications are necessary. And if you’re having a new home constructed? It’s not as pricy, overall, but it’ll still cost approximately 40 percent more than a more common HVAC system will cost you.

Okay, so much for the bad news. How about some good news? First off, certain incentives and rebates may be offered at the federal, state and local level to assist you with installation costs. Second, the energy savings you could experience with your new geothermal heating and cooling system will start returning your initial investment in no time. So you could recoup your investment in as little as four years. But be forwarned: Local utility rates and the end cost of your installation may slow full repayment for, oh, say 15 years. Given that geothermal systems frequently keep working for upwards of 30 or 50 years, though, you’ll still be in good financial shape. You merely have to figure out at the start what your finances can weather … and how patient you are.

2.     Geothermal Benefits Can Easily Outweigh Concerns About Starting Costs

Let us list the top benefits:

  • Compared to traditional heating and cooling systems, geothermal heating and cooling could slash as much as 30 to 60 percent off your heating bills. And it could decrease your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat transferred from the ground.
  • Geothermal heat pumps don’t work by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are necessary, geothermal heating and cooling systems operate much quieter than common systems.
  • Since there aren’t many moving parts at all and geothermal systems are shielded from the elements, you’re assured many decades of low-maintenance, top-performance use. Indoor components may hang in there for about 30 years, ground loops, about 50.

Want a little clarification on any of these points in order to make a decision about your heating and cooling options? Turn to the Central New Jersey geothermal specialists at ABLEnvironmental. We’re eager to help, regardless of what you decide.