Average cost installing geothermal heating system

Unlike backhoes or chain trenchers, drill rigs are a major expense to purchase or lease and require extensive upkeep, labor, and fuel to safely operate. Mobilization Fee. One of the most expensive and labor-intensive parts of drilling is simply moving the equipment. It can take a full 1. Each piece of machinery must also be well-maintained and serviced after use to keep it in top-condition. If a property is exceptionally rocky or the bedrock is relatively high, some rocks may need to be drilled around, drilled through, or removed entirely.

Pipe Depth. Drilling costs increase with each foot drilled. If ground loops are not properly sized, the geothermal system may not be able to adequately absorb or reject heat. This means the home will use more energy than it otherwise would to reach the temperature on your thermostat. A drilling crew usually includes a master driller and 1 to 2 helpers.

Installing a vertical ground loop requires an assortment of materials like piping, grout, heat transfer fluid, bentonite clay, bore headers, drill bits, and more. Geothermal Incentives For Homeowners in the Northeast.

Federal Tax Credit. NY State Incentive. CT State Incentive. MA State Incentive. How do the incentives work? Select your location below:.

New York NY. Connecticut CT. Massachusetts MA. Each utility has a unique incentive. That means a homeowner who uses Con Edison will qualify for a different incentive amount than a homeowner who uses National Grid. Here's what you're entitled to as a Long Island homeowner.

System Size. Split System 5T. Packaged Unit 4T. Packaged Unit 5T. Packaged Unit 6T. Here's what you're entitled to as a Connecticut homeowner. Heating Fuel. Electric Resistance. Here's what you're entitled to as a Massachusetts homeowner. Primary Fuel Type. The credit does not apply to equipment used primarily for pool or hot tub heating. It also does not apply to installation in rental homes.

Dandelion Energy and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors. What is Dandelion Geothermal? How is Dandelion Geothermal different? Geothermal Expertise Qualified Over combined years of geothermal experience. Own the Process We sell, install, and service our own product.

Dandelion Geothermal heat pump for heating and cooling. Indoor and outdoor installation, including drilling, labor, and materials. Smart Thermostat. What Does Dandelion Geothermal Cost? How much can you save with Dandelion Geothermal?

Dandelion Geothermal. Fuel Oil Furnace. Oil Efficiency 15 yr old furnace. A portion of the predicted heating costs are due to electricity consumption of the furnace.

Dandelion Geothermal System. Usually, horizontal loop systems are more cost-effective than a vertical loop. Still, there needs to be adequate space for horizontal loop systems to be installed. The features of your unit and system efficiency will also be a factor in determining overall costs.

Popular features that homeowners look for include domestic hot water production, Wi-Fi control, and remote monitoring features. This cost would cover a complete geothermal installation. It is crucial to remember that the size of your home, the location, types of soil, available land, local climate usability and condition of existing ductwork, and your choice of heat pump will influence the total geothermal heating cost required to invest.

Compared to geothermal costs of a decade ago, the pricing structure is becoming more competitive, thanks to the fact that there are more manufacturers offering ground source heat pumps, and more experienced and efficient installers. Though geothermal is an ideal way to heat and cool a home, there are a few factors to consider when deciding if the time is right for a ground source heat pump system in your home.

According to the Environmental Protection Agency, geothermal ground source heat pump systems are one of the most energy-efficient, environmentally clean, and cost-effective space conditioning systems available. The longer you intend to stay in your current home, the more cost-effective a geothermal system is in the long run. If you have the ideal location for setup, your upfront cost will be lower.

Having room in your yard for a horizontal loop system, is the best option for lowering costs. Plus, if a ground source system can be fitted with your current ductwork or hydronic system with little or no modification, your costs will be lower than if major changes must be made. The more extreme heat or cold in your climate, the faster you will recoup your investment through lower energy costs. Living in climate extremes apparently can have its perks. Engineered and Assembled in the USA. Geothermal equipment is protected both indoors and deep in the ground.

No combustion fire! After getting geothermal, most homeowners see a substantial drop in heating fuel bills and a moderate increase in their electrical bills, leading to an overall reduction in monthly energy bills.

Depending on the type of fuel your old furnace used and your heating needs, the overall savings could total into thousands of dollars over the life of your Dandelion Geothermal system. These cost savings can be understood through a simple equation. Heating costs and the savings associated with a geothermal system are relative to energy prices.

As the prices of natural gas, propane, and heating oil increase with respect to the price of electricity, the savings associated with getting geothermal increase. Below is an example of a typical 2, square foot home in Cortlandt, NY with fuel oil and central air conditioning versus Dandelion geothermal heating and cooling.

Insulation is any material used to fill the spaces in your home to reduce and resist unwanted heat flow. Heat naturally flows in one direction-- from warmer spaces to cooler ones until no temperature difference exists. During the winter, heat moves directly from heated living spaces to adjacent unheated areas and indirectly through walls, floors, and ceilings.

During the summer, heat flows from the warmer outdoors into the cooler indoors. COP indicates the ratio of heat produced to the amount of energy used to produce it, whereas EER indicates the amount of heat removed from your home to the amount of energy used to remove it.

Historically, the rise in electricity prices has been slow but steady while natural gas, propane, and heating oil prices tend to be more volatile. Many homeowners are accustomed to adjusting their thermostat if they plan to be away from the house or asleep. This practice, known as thermostat setback, often saves money and energy when operating a fossil fuel furnace. This practice is detrimental, however, when operating a geothermal system. In order to recover from a setback period, the strained geothermal system will likely need assistance from a supplemental heat source like an electric resistance heater.

As a result, thermostat setback forces the geothermal system to frequently rely on expensive supplemental systems, unintentionally and ironically increasing the average cost of operation. A geothermal system will run most efficiently when the thermostat is kept at a single temperature set point throughout the day. AUX Heat activates when the demand for heat is highest, providing supplementary heat to keep your home comfortable.

Some geothermal heat pumps do not use AUX heat at all or include it as an optional add-on when installing the system.

A cold front arrives, rapidly dropping the temperature outside and pulling more heat from your home. A sudden drop in air temperature returning to your heat pump may trigger AUX Heat. Someone left the back door open. If AUX Heat turns on during this time, it will do so in short runs and not the entire duration.

AUX Heat is a normal part of heat pump systems and necessary at times, but it uses much more electricity than the other heating stages.