2 Critical Michigan Geothermal Heating and Cooling Considerations

1.     Up-Front Costs vs. Payback

No doubt about it: replacing your existing HVAC system with a geothermal heating and cooling system is a costly proposition. Front-end costs here in Michigan tend to run anywhere from $10,000 to $30,000 – or above. Lot size, site accessibility, system configuration, ground conditions, and other factors account for that. So too does the amount of excavation that has to be done and what type of ductwork modifications are needed. And if you’re having a new home constructed? It’s not as budget-busting, overall, but it’ll still cost about 40 percent more than a typical HVAC system will cost you.

Okay, that’s the bad news. And, yes, there is some good news. First, some sort of incentives and rebates may be obtainable at the federal, state and local level to help you bear the installation costs. Then, too, the energy savings you could realize with your new geothermal heating and cooling system will start returning your initial investment almost immediately. That means you could recoup your investment in as little as four years. But , then again: Local utility rates and the final cost of your installation may delay full repayment for, oh, say 15 years. Seeing as how geothermal systems frequently keep working for upwards of 30 or 50 years, though, you’ll still come out ahead. You just have to calculate sooner rather than later what your finances can withstand … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Worries About Initial Costs

Let us list the major benefits:

  • Compared to typical heating and cooling systems, geothermal heating and cooling could nick 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 removed from the ground.
  • Geothermal heat pumps don’t operate by combustion, so you’re not endangered by greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Given that no outdoor fans or compressors are necessary, geothermal heating and cooling systems run much quieter than ordinary systems.
  • Since there are so few moving parts and geothermal systems are shielded from the elements, you’re pretty much guaranteed many decades of low-maintenance, top-performance use. Indoor components may be good for about 30 years, ground loops, about 50.

Looking for further information on any of these issues in order to make a decision about your heating and cooling options? Turn to the Michigan geothermal specialists at Kozy Home Heating & Cooling. We’re eager to help, whatever you decide.