2 Major Long Island Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. ROI

No two ways about it: replacing your existing HVAC system with a geothermal heating and cooling system is a pricy proposition. Up-front costs here in Long Island tend to run anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other issues come to bear on it. So too does the amount of excavation that has to be done and what kind of ductwork modifications are required. And if you’re having a new home built? It’s not as budget-busting, generally, but it’ll still cost approximately 40 percent more than a standard-issue HVAC system will cost you.

Okay, so much for the bad news. How about some good news? To begin with, some sort of incentives and rebates may be offered at the federal, state and local level to help you bear the installation costs. Next, the energy savings possible with your new geothermal heating and cooling system will help you begin to recoup your initial investment in no time. So you could recoup your investment in as little as four years. But , then again: Local utility rates and the total cost of your installation may delay full repayment for, oh, say 15 years. Seeing as how geothermal systems tend to last for upwards of 30 or 50 years, though, you’ll still make out all right. You just have to calculate sooner rather than later what your finances can take … and how patient you are.

2.     Geothermal Benefits Can Easily Offset Concerns About Front-End Costs

We’ll tick off the major benefits:

  • Compared to standard heating and cooling systems, geothermal heating and cooling could clip as much as 30 to 60 percent off your heating bills. And it could reduce your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat taken from the ground.
  • Geothermal heat pumps don’t run by combustion, so you’re not bothered by greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and you have no fire safety or air quality concerns.
  • Since no outdoor fans or compressors are needed, geothermal heating and cooling systems run much quieter than common systems.
  • Since there are so few moving parts and geothermal systems are sheltered from the elements, you’re pretty much guaranteed many decades of low-maintenance, top-performance use. Indoor components may hold up for about 30 years, ground loops, about 50.

Need further information on any of these issues in order to make a decision about your heating and cooling options? Consult with the Long Island geothermal pros at ZBF Geothermal. We’re eager to help, no matter what you decide.