If you’re considering a geothermal energy system, you should know all of the facts before you decide to install one. At our heating and cooling company, we think geothermal energy is a great investment. Here are some of the most common myths about the underground technology:
1. Geothermal is only good for heat.
Geothermal energy has actually been developed for both heating and cooling purposes, and a geothermal energy system will work efficiently in both situations. You can even have a system that has no additional backup heat source, if you want.
2. Geothermal systems wear out easily.
The way geothermal energy system loops are built, they can last up to 100 years and the indoor heat exchanger can last decades. Eventually, like any system, it will “wear out,” but it’ll take a long time to do so.
3. You need a lot of yard space for a geothermal system.
Actually, it’s possible to install a geothermal system vertically and loop the pipes in a different manner. The system would still run efficiently, but would save a lot of space.
4. A geothermal system has a bigger carbon footprint than other HVAC systems.
Actually, geothermal energy systems are incredibly efficient. According to the EPA, a geothermal energy system can produce more than 40% fewer emissions than an air-source heat pump and more than 70% fewer emissions than a traditional HVAC system.
5. It’s expensive to install a geothermal system.
Though geothermal HVAC systems cost more than many conventional HVAC systems up front, the amount of energy saved can be enough to make the cost worth it. Also, there are several federal and local tax incentives that can pay for up to 60% of the cost.
6. I can only go geothermal if I’m building a new house.
Many think that geothermal systems are only for new construction, but these systems can be retrofitted to work with homes or business of nearly any age.
If you have any other questions about geothermal energy or are interested in an installation, don’t hesitate to call us. We’d love to help you.