In recent years, geothermal heat pumps have gained popularity. However, the cost of installation for geothermal heating is still more expensive than other forms of heating and cooling. Don’t let this initial cost scare you, though, as the cost to run the systems over time will result in savings that pay for the system in full. Most families see savings of equivalent or greater value to the cost of the installation within 5-7 years.
The savings aren’t the only assistance available out there. The government is pushing for renewable energy sources in residential and commercial establishments. For many families, the only way they could install the system is with financial assistance. Fortunately, there are a lot of tax incentives for you to take advantage of out there, including federal and state tax incentives. Read More