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Geothermal Heat Pump Prices

The standard heat pump is a staple of the southern US for its ability to warm a house in relatively cold temperatures while at the same time affording the ability to cool the house in the warm summers.  However, if the temperature gets too low (say single digit degrees Fahrenheit) it is no longer a good option for heating.  A geothermal heat pump works in a very similar fashion, it removes heat from the air, but instead of using the air from outside your house, it takes that heat from below the ground.  This allows for a lower temperature outdoors and still a heat pump that works, as it is readily known that the earth has its own heat in its core.

Why Should I Buy A Geothermal Heat Pump?

When it comes to purchasing a heat pump you need to understand the pluses and minuses of the decision.  Geothermal heat pumps are great in that the use relatively little amount of energy or fossil fuels to heat and cool your home.  Simply put a geothermal heat pump will not use as much energy to heat and cool your home.  However, this comes at a pretty steep price.  The initial capital outlay for one of these systems is quite high and you would be hard pressed in many environments to recoup these costs.  However, ground source heat pumps are especially green and given the added importance of this across the US and worldwide has put these units in the spotlight.  They are well known for being a green way to heat and cool you house.

How Much Does A Geothermal Heat Pump Cost?

goethermal-heat-pump-prices-page-picture

An picture of how a heat pump works. See the original at http://www.nyserda.org/

An initial installation of a geothermal heat pump will make the standard heat pump prices you see bandied about pale in comparison.  There needs to be a system of water pipes installed below the earth surface, generally to 10+ feet in depth and a system similar ran up to the heat pump itself.  On top of this you have the cost of the unit itself, which is a few thousand dollars itself.  Total estimate of outlay of cash really depends on the unit itself, the brand name you are getting and the installation cost of your contractor.  Fully expect to pay anywhere between $8,000 and $30,000.  The most likely average price you can expect to pay for a geothermal heat pump system would be around $14,000 installed.

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