If you want to save money on your Whitesburg, Kentucky, home, you should upgrade to a geothermal heat pump. Energy costs are surging and there is no sign of the trend slowing down. A geothermal HVAC system will allow you to save money in the long run. It’s a big investment, but you’ll save on energy costs. Here are three ways a geothermal pump will save you money.
Geothermal Heat Pumps Are Efficient
Geothermal heat pumps are incredibly energy-efficient. In fact, they are up to four times more efficient than regular HVAC systems. Some homeowners can reduce their energy bills by up to 65 percent by installing a geothermal heat pump. A new geothermal heat pump should pay itself off within 10 years from its utility savings alone.
Incentive Programs May Be Available
You may be able to take advantage of incentive programs in Kentucky, but one national program is the ENERGY STAR program. Homeowners with geothermal heat pumps that meet the ENERGY STAR program requirements can qualify for the renewable energy tax credit. Tax credits also cover installation costs.
One thing you should focus on is your equipment’s Energy Efficient Ratio (EER). A unit’s EER depends on the ratio of cooling energy (which is measured in British thermal units, or BTU) to the amount of energy (or wattage) needed to power the unit. The higher your geothermal heat pump’s EER is, the more efficient your system is.
To figure out the type of savings you will have on your energy costs, you can visit the Department of Energy’s website. It has calculators that businesses and homeowners can use for this specific purpose.
Geothermal Units Last Longer
Standard HVAC systems usually last around 10 years. By comparison, geothermal systems can last for 25 years or more before you need to replace the heat pump.
Call Appalachian Refrigeration, Heating & Cooling today if you would like us to install a geothermal heat pump in your home. You can reach us at 606-713-0056.
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