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Does geothermal cost more than conventional equipment?

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Does geothermal cost more than conventional equipment?

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The cost of installing space conditioning equipment varies depending on how you measure cost. If you only look at upfront installation costs, then yes geothermal typically costs more. In an investment decision such as this, you have to factor in all associated costs of the investment. Geothermal has the lowest operating and life cycle costs of any space conditioning equipment. There is also the added value of comfort with the even temperatures supplied with geothermal. A geothermal system will also be much quieter then traditional equipment. You will not have to listen to a noisy outside air conditioner rattle next to your window or deal with the air conditioner rejecting heat next to you while you are trying to enjoy your patio or deck. The biggest added value is the great energy savings in comparison operating traditional equipment. There is also the increase value to your home because of the energy saving equipment. Additionally with the 30% Federal tax credit you will be able to re

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