2 Key Knoxville Geothermal Heating and Cooling Considerations

1.     Initial Costs vs. ROI

You can’t avoid it: replacing your existing HVAC system with a geothermal heating and cooling system is an expensive proposition. Up-front costs here in Knoxville tend to be anywhere from $10,000 to $30,000 – or more. Lot size, site accessibility, system configuration, ground conditions, and other factors have a say in it. So too does the amount of excavation that has to be done and what sort of ductwork modifications are necessary. And if you’re having a new home constructed? It’s not as expensive, generally, 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, certain incentives and rebates may be obtainable at the federal, state and local level to help you bear the installation costs. Also, the energy savings feasible with your new geothermal heating and cooling system will help you begin to recoup 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 final cost of your installation may prevent full repayment for something like 15 years. Because geothermal systems usually last for upwards of 30 or 50 years, though, you’ll still come out ahead. You merely have to figure out at the start what your finances can tolerate … and how patient you are.

2.     Geothermal Benefits Can Easily Outweigh Any Anxieties About Starting Costs

We’ll cite the major benefits:

  • Compared to typical heating and cooling systems, geothermal heating and cooling could clip as much as 30 to 60 percent off your heating bills. And it could decrease 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 work by combustion, so there are no greenhouse gas emissions (carbon dioxide, carbon monoxide, etc.) and no fire safety or air quality concerns.
  • Because no outdoor fans or compressors are necessary, geothermal heating and cooling systems run 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 last about 30 years, ground loops, about 50.

Looking for a little clarification on any of these matters in order to make a decision about your heating and cooling options? Turn to the Knoxville geothermal experts at Pioneer Heating and Air Conditioning, Inc.. We’re glad to help, whatever you decide.