Does it cost more to install a geothermal heat pump?
A geothermal heat pump will cost more than a conventional heating and air conditioning system, but in most cases the homeowner will save money from the first day they move into their new home. By including the cost of the geothermal heat pump in their mortgage, monthly payments will increase but their monthly utility payments will decrease by an even bigger margin. The result is that the homeowner will be saving money from their very first month in their new home. And as the price of energy increases, so will the savings.
