2 Major New Jersey Geothermal Heating and Cooling Considerations

1.     Starting Costs vs. Payback

You can’t get around it: replacing your current HVAC system with a geothermal heating and cooling system is an expensive proposition. Front-end costs here in New Jersey tend to be anywhere from $10,000 to $30,000 – or higher. Lot size, site accessibility, system configuration, ground conditions, and other matters account for that. So too does the amount of excavation that has to be done and what sort of ductwork modifications are required. And if you’re having a new home constructed? It’s not as expensive, overall, but it’ll still cost approximately 40 percent more than a more common HVAC system will cost you.

Okay, so much for the bad news. How about some good news? First off, some sort of incentives and rebates may be accesable at the federal, state and local level to help you bear the installation costs. What’s more, the energy savings you could realize with your new geothermal heating and cooling system will start returning your initial investment in no time. That means you could recoup your investment in as little as four years. But understand: Local utility rates and the end cost of your installation may slow full repayment for, oh, say 15 years. Given that geothermal systems typically endure for upwards of 30 or 50 years, though, you’ll still be ahead of the game. You just have to determine early on what your finances can tolerate … and how patient you are.

2.     Geothermal Benefits Can Easily Override Concerns About Front-End Costs

Let us enumerate the major benefits:

  • Compared to standard heating and cooling systems, geothermal heating and cooling could slash as much as 30 to 60 percent off your heating bills. And it could shrink your cooling costs by as much as 20 to 50 percent.
  • Geothermal systems use renewable energy – heat taken from the ground.
  • Geothermal heat pumps don’t run by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Given that no outdoor fans or compressors are required, geothermal heating and cooling systems operate much quieter than typical, run-of-the-mill systems.
  • The absence of many complex moving parts and the fact that geothermal systems are protected from the elements insure many decades of low-maintenance, top-performance use. Indoor components may be good for about 30 years, ground loops, about 50.

Want further information on any of these matters in order to make a decision about your heating and cooling options? Turn to the New Jersey geothermal specialists at J. Zanes LLC. We’re eager to help, regardless of what you decide.