Is Geothermal Power Cost Effective?
Using geothermal energy has become a popular way to heat a home in recent years. One of the big questions most people have about this type of system is whether or not it is cost effective. When trying to determine if using geothermal is worth it, a homeowner should look at the initial costs of the project, the ongoing costs, and future price increases. Geothermal systems utilize at least two wells that are drilled into the ground. Hot water is pumped up through one of the wells and then pumped back down the other well. The heat from the water is used to heat the air inside the house. Many people prefer this type of heat because it is renewable and good for the environment.
