No matter what climate you live in, the temperature throughout the year varies. For some climates that means blazing summers that cool to frigid winters. What many people don’t realize is that the temperature below ground (regardless of climate or season) stays fairly consistent all year.
The ground is able to maintain a higher rate of temperature consistency because it absorbs 47% of the suns energy (heat) as it hits the Earth’s surface. Geothermal systems are able to tap into this free energy with an earth loop. This technology is then used to provide your home or office with central heating and cooling.
In the cooling mode, the heating process is reversed – creating cool, conditioned air throughout the home. Instead of extracting heat from the ground, heat is extracted from the air in your home and either moved back into the earth loop, or used to preheat the water in your hot water tank.
During the heating cycle, a geothermal heat pump uses the earth loop to extract heat from the ground. As the system pulls heat from the loop it distributes it through a conventional duct system as warm air. The same heat energy can also be used for a radiant floor system or domestic hot water heating.
Closed-loop systems circulate a water-based solution through a “loop system” of small-diameter, high-density polyethylene underground pipes. Closed-loop systems can be installed horizontally, vertically or in a pond. Open-loop systems use an existing water well or surface water. Whether the system is open or closed, heat is transferred to or from the structure, regardless of outdoor temperature, to provide year-round comfort.
Benefits of Geothermal Heating
Geothermal systems are among the most efficient, energy saving, environmentally conscious heat pumps you can purchase. They are a natural heat pump that will give you years of reliable, safe home comfort at a low cost.
Lower Operating Costs
A geothermal system operates more efficiently than ordinary heating and air conditioning systems because it can deliver an astounding five units of energy for every one unit of electrical energy used. By combining stored earth energy with safe electric power, many owners realize savings up to 70% for heating, cooling, and hot water.
Our geothermal systems provide precise distribution of comfortable air all year long, eliminating hot spots and cold spots. During heating, you’ll experience warm air without the hot blasts associated with ordinary gas furnaces, or the cooler air of an air source heat pump. Additionally, when cooling, our geothermal systems deliver cool, dehumidified air.
Unlike ordinary air conditioners or heat pumps, there’s no noisy outdoor unit to disturb your outside environment or your neighbors. Geothermal systems are designed and constructed for quiet operation.
Unlike air conditioners and heat pumps, geothermal systems are installed indoors, so they are not subject to wear and tear caused by rain, snow, ice, debris, extreme temperatures or vandalism. Geothermal systems have proven to be very reliable and require less maintenance.
According to the Department of Energy and the EPA, geothermal systems are the most environmentally friendly way to heat and cool your home. Our systems emit no carbon dioxide, carbon monoxide or other greenhouse gasses, which are considered to be major contributors to environmental air pollution. They are truly a natural, green heat pump.
An exciting new tax credit is now available for home and commercial building owners who install geothermal heating and cooling systems through the Energy Improvement and Extension Act of 2008 (H.R. 1424). H.R. 1424 offers a onetime tax credit of 30% of the total investment for homeowners who install residential ground loop or ground water geothermal system. A credit of 10% of the total investment is also available (no maximum) for a commercial system installation.
To qualify, the systems must meet or exceed Energy Star requirements and be installed after December 31, 2007. While units installed in 2008 are subject to a $2,000 cap on the credit, units installed from 2009 through 2016 can take advantage of the full credit. Owners can file for the credit by completing the Renewable Energy Credits subsection on their tax return forms for 2008. For taxpayers that are subject to the Alternative Minimum Tax, they can claim the credit on their taxes for the following year. No proof of purchase will be required; however, in case of an audit, owners are encouraged to keep a detailed invoice of their purchase on file. The contractor who sold and installed the product should list the purchase as a “Geothermal Heat Pump” on the invoice and that it “Exceeds requirements of Energy Star program currently in effect”.
The tax credit is available through December 31, 2016. Consult your local tax professional for advice on taking advantage of the tax credit, as this announcement is not intended as a recommendation or endorsement of any financial strategy.
How much are your investments making you?
“Geothermal is the best investment in today’s world!”
“Do the Math”
If you replace your present gas furnace or heat pump with a Water Furnace geothermal system;
Average cost to install a geothermal system (average life of 25 years)
Average cost to install a new conventional system(s) (average life of 15 years)
|Average cost difference between the two systems||$18,000.00|
|Federal Tax Credit (30% on geothermal systems)||$9,000.00|
|Federal Tax Credit (for conventional system, if any)||$1,500.00|
|Net investment for Geothermal system||$10,500.00|
|Average monthly utility cost savings||$180.00|
|Average cost savings per year||$2,160.00|
|Estimated return payback on investment||4.8 years|
|Estimated rate of return on investment||21%|
|Average utility cost savings/10 year period||$21,600.00|
|Average utility cost savings/life of system||$54,000.00|
Want to know what your savings could be?
Try the savings calculator.
Pioneer Heating and Air Conditioning, Inc., is one of the best from the WaterFurnace network of independent dealers. A true GeoPro Master Dealer must demonstrate their commitment to the customer. Pioneer Heating and Air Conditioning, Inc., have proven time and again that they truly care about customers like you. You’ve chosen the finest heating and cooling system available; you deserve the finest to install and service it? Take comfort in the fact that GeoPro dealers have proven themselves in the following areas:
- Overall Performance
- Experience and Dedication
- Installation Quality
- Technical Training
- Business Practices
- Marketing and Advertising Efforts
- Customer Satisfaction
Want to know more? Give as call today and we will be happy to answer any of your questions. 865-922-2817