Cost
A geothermal system usually costs about $2,500 per ton of capacity. A typical home uses a 3-ton unit costing roughly $7,500. That initial cost is nearly twice the price of a regular heat pump system that includes air conditioning. The cost of drilling, however, can be considerable; drilling can cost in excess of $30,000, depending on the terrain and other local factors. Systems that require drilling vertically deep into the ground will cost much more than systems where the loops are in a horizontal fashion and closer to the surface. Despite these initial costs, a geothermal system saves enough on utility bills that the investment is often recouped in five to ten years.
In summary, geothermal systems heat and cool homes using sub-surface soil as an exchange medium. Geothermal systems are more expensive to install than conventional furnaces, but their operating costs are significantly lower.
Comments(3)