Re: Educate me on geothermal
I have geothermal and would never have anything but! Built new and priced conventional oil heat ... $6,000 for the package (duct work and all), but no A/C. $9,000 for an air-to-air heat pump giving me A/C. Or $13,000 for the geothermal unit. Additional cost was in the 3 100 foot wells that were dug to be the home of the vertical closed loop system.
2400 sq. ft home, 2 refrigerators, 1 freezer, electric washer/dryer, family of 3, we do lots of entertaining, electric hot water heater, neighborhood requires dusk to dawn external lighting, basement needs dehumidifier running constantly, aquarium requires constant electricity, keep hours at 70 in winter and 74 in summer, electric (including heating/cooling) averages about $125 per month.
As already said, it is a refrigeration unit that runs in reverse for heating (think of the bottom of your refrigerator where the hot air is blow from the condenser coils - that is where the heat comes from). But you are drawing the heat from a constant source. The "hot air" blow from the registers is about 35 degrees warmer than the interior temp. It is not a "quick recovery" heat source - if you want that you need to use the electric back-up coils.
It is one of the least expensive to operate heat and A/C sources there is available. Definitely a great way to go and I probably recouped the cost of the unit already (5 years) when looking at the cost of heating oil last year. I would do it again in a heartbeat.
BTW, we also have geothermal in our church ... in the main church building that was built in 81 we installed it ... older models but work great still, very little maintenance. Put it in our 20,000 sq ft multi-purpose building in 94. Very little maintenance and average cost of electric per month is $500 (large walk in freezer, large walk in refrigerator, gym lights on every day, 3 offices in use each day, person in building 24/7, 2 electric ranges, electric washer/dryer, etc).