Michael Holigan: A geothermal heat pump is the most efficient method possible for heating and cooling your home. Compared to traditional heating systems, a geothermal heat pump generates three to four times the amount of heat per dollar you spend on utilities.
Van Bourn: Geothermal is simply the highest efficiency available today in any kind of air conditioning or heating system.
M.H.: It's a great idea to include it in your mortgage loan when you build a new home.
Steve Lauten: It lowers your utility bill more than it will raise your mortgage payment. So we'll provide you with a positive cash flow, typically in the first year of operation.
M.H.: For a new 2,500 square foot home, you might expect to pay around $16,000 for a fully installed geothermal heat pump. That's about three times the cost of installing a traditional heating and air conditioning system. But there are some good reasons to make that initial investment. The cost of a traditional system for this size home will cost around $2,500 a year to operate while a geothermal heat pump should only cost around $900 a year. That's saving you about $1,600 on utility bills every year. Your geothermal system can also be designed to provide you with about 70% of the hot water you use in your home for free. As you can tell by the U.S. Government energy guide on this system, you have a least efficient in at 100% and a most efficient at 100%. This unit as an electric unit is at 100%. It's a great system to go with and you can save a lot of money and have a very comfortable home. Many local communities and utility companies will give you a tax credit or a rebate when you buy a geothermal system. The U.S. Department of Energy in conjunction with the Environmental Protection Agency has mandated an increase in the installation of geothermal heat pumps from approximately 40,000 to 400,000 annually by the year 2000. It's part of a program to help reduce the greenhouse effect created by other types of home heating and cooling. So it's a great way to make your new house more comfortable and save money on your energy bill while you help preserve our natural environment.
Geothermal
Heatpump Consortium - 1-888-333-GHPC (4472)
Steve Lauten of Total Heat and Air - 972-881-0020
Tom Damiani of Texas Geothermal - 972-724-1584
Episode 48 1996 - 97 Season
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