GEOTHERMAL
Geothermal renewable energy is the world's most advanced, most cost-efficient heating, ventilating and air conditioning (HVAC) system for a new or existing home or business, and it's an increasingly popular choice, especially for new construction. By tapping into the relatively constant temperature of the earth below the frost line, geothermal systems heat and cool for 25%-50% less than traditional systems.
Save money: Reduce your monthly heating and cooling bills by 25%-50%.
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In the summer, the earth acts as a cooling tower. The Heat Pump loads the loop with heat, sending warmed water to be cooled by the earth. In the winter, the earth acts as the boiler. The Heat Pump extracts heat from the loop, sending cooled water to be warmed by the earth. (source:NYSERDA website) |
Increase the value of your your property. Having a lower operating cost for your property increases its value. Banks are often willing to loan more money on properties with green energy features.
Aesthetics & comfort. Get rid of those ugly and noisy air conditioning units and make your property more attractive. Geothermal heating is also more comfortable because it does not dry out the air as much as conventional heating.
Stop worrying about the rising cost of oil: Geothermal systems significantly reduce your dependence on fossil fuels, so you don't need to be as concerned with risk of future increases in oil prices.
Reduce pollution & global warming: Geothermal systems produce no combustion or smoke. That helps lower greenhouse gases, carbon dioxide and sulfur dioxide emissions into the atmosphere. They're endorsed by both the US Department of Energy (DOE) and the Environmental Protection Agency (EPA).*
GreenLogic is working towards offering this product directly to our clients. However, at present, GreenLogic partners with outside contractors who work directly with clients to provide this solution.
*(Source: Geothermal Heat Pump Consortium, Inc., and NYSERDA)
HOW IT WORKS:
Technology: Geothermal is a simple technology that uses the earth's renewable energy to provide high-efficiency heating and cooling. In winter, the system draws heat from the ground and transfers it to your home. In the summer, it extracts heat from your home and transfers it to the ground.
Hardware typically consists only of a heat pump connected to two wells: an intake and an output well. The water from the intake well is pumped through the heat exchanger, which extracts the thermal energy (cooling or heating) and then returns the water to the output well. The thermal energy is then delivered into individual rooms via standard air ducts and/or a radiant heat floor.
Increased Efficiency: There isn't a single more efficient HVAC technology than geothermal renewable energy. Oil and gas systems require fuel for heat and a separate air conditioning system for cooling. Geothermal provides both in one simple system.
Better Aesthetics: The geothermal system is also out of sight. (It's in your basement or utility room.) And unlike traditional air conditioning systems, you no longer need those unsightly and noisy units next to the the property!
Environmental Advantages: According to the EPA, Geothermal systems are one of the most energy-efficient, environmentally clean, and cost-effective systems available - with energy cost savings of 25%-50%. Plus, they generate no on site emissions and have the lowest emissions among all heating and cooling technologies.
Proven Systems: Geothermal systems are found in all types of housing, from luxury to affordable and businesses of all sizes. This technology has been around since the 1940s and has proven itself over many hundreds of thousands of homes, commercial buildings and offices, hospitals, schools and universities.
GreenLogic is working towards offering this product directly to our clients. However, at present, GreenLogic partners with outside contractors who work directly with clients to provide this solution.
WHAT YOU SAVE:
GEOTHERMAL SAVINGS
The savings from a geothermal HVAC system depend on many factors and can vary substantially from property to property. As a general rule, the best candidates for geothermal are: 1) New construction, 2) Customers planning on adding central air conditioning, 3) Customers who are renovating/expanding and plan on upgrading their heating/cooling systems.
These candidates have a choice: To buy a traditional system or a geothermal system. Although a geothermal system typically costs more upfront, increased efficiency makes it much less expensive to operate.
3,000 Square Foot Home - New Construction
Total System Price Fully Installed: |
$49,000 |
Utility Incentive |
-$1000 |
TAX CREDITS: |
|
Federal |
-$14,700 |
State |
NA |
Year 1 Depreciation & Rebate & Prop. Tax Benefit: |
NA |
Net Cost of System After All Incentives: |
$33,300 |
Cost of Traditional (non-Geo) HVAC for Comparison: |
$30,000 |
Incremental Net Cost of Geothermal over Conventional HVAC: |
$3,300 |
Annual Operating Savings to Run Geothermal over Conventional HVAC |
$1,500 |
Payback on Incremental Investment: |
2.2 Years |
Notes:
Above is an example and not a specific offer, actual prices and savings may vary
All quotes vary based on client site, equipment, and needs, call for a quote
GreenLogic is not a tax advisor and clients must consult their own tax advisor to determine how incentives and taxes impact you
Incentives, taxes, and output shown are not guaranteed by GreenLogic
Output estimates are based on manufacturer's name plate ratings, historical solar statistics, and industry standard degradation losses

