Exploring Geothermal Heat Pump and Geothermal Heating
What is a geothermal heat pump and how does it produces geothermal heating?
Geothermal energy can be used in four different ways:1) Using heat pump to cool or heat buildings by shallow drilling 2) Heating water 3) Heating dwelling with direct contact applications 4) Large scale geothermal energy use to create electricity This heat pump is like a regular pump except it can tap into the constant temperatures of the earth (about three meters which is called shallow drilling) to heat a home in the winter and cool a home in the summer by extracting heat from the dwelling and transferring it to the ground which is at a much lower temperature.
Click here for information on how geothermal energy works
What is the cost of geothermal energy? This energy source is actually free (to start with) like other alternative energy sources. You don’t pay for the energy but only for the installation. However, the cost of the system will pay itself off in the long run specially with the federal tax credits being provided. Savings from cooling/heating can offset the costs in your traditional electricity. If you supplement traditional electricity with geothermal energy then you can expect to see anywhere 30-70% less cost in your regular electricity bill. This will depend on where you live, as this heat pump can be very effective in very hot or cold places. Government, state and community incentives and rebates and even your electric company may have an incentive that will lower your investment by 30% or more. These savings are further increased as this renewable energy heat pump is eligible for federal tax credit.
Click here for Federal Tax Credits Information
How do I find out the price of geothermal heat pump? It is true that this installation will cost you much more than the traditional heating and cooling system in the house. The cost can vary since many geothermal installations include setting up a loop system (tubes that carry the geothermal energy) under your house. Factors such as soil type, area of your house, and other variables can set the price anywhere from $3500-$35,000. Please do look into federal tax credits and other state rebates to offset the price of installing this renewable energy system. In the long run, not only would you save money in the electricity bills but installing geothermal heat pump will allow you to live your life without contributing much to the environmental deterioration.
Go to Alternative Energy Sources from Geothermal Heat Pump
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