The Geothermal Heat Pump: Start-Up Costs Vs. Long-Term Savings

The Geothermal Heat Pump: Start-Up Costs Vs. Long-Term SavingsIf you have ever considered switching to a geothermal heat pump in your Ferndale or Warren home, you have probably noticed that geothermal heat pumps are far more expensive to install than gas-fired furnaces and central air conditioning. However, you may be surprised to learn that in the long term, a heat pump may end up costing you less than a comparable furnace and air conditioning system.

Initial costs for geothermal heat pumps (GHPs) are steep, it is true. But over time, a GHP can save you money on energy thanks to its more efficient performance, which delivers more energy per unit consumed. With a properly selected and installed GHP, you can often save between 30 and 60 percent on energy per year, which means you can recoup a significant portion of your upfront costs within the first 10 years.

If you are able to include your GHP in your mortgage, the energy savings will begin immediately. In some cases, special “energy-saving” mortgages are available to cover home improvements that increase your home’s energy efficiency. To find out if you can take advantage of an energy-saving mortgage, contact your bank or mortgage company.

Your GHP can save even more energy if it is equipped with a device called a “desuperheater.” This device allows your heat pump to heat your home’s water. During the summer months, the GHP will remove heat from the house and the desuperheater will use that heat for your household’s water, rendering water heating essentially free.

To ensure you maximize your energy savings, it is essential that you select a geothermal heat pump that is appropriately sized for your home. A contractor can help you determine which heat pump is right for your needs. It is also important to have your GHP installed by a qualified professional, as GHP system installation is a complex process that cannot be done on your own. If your system is not properly installed, your pump will not run at maximum efficiency, decreasing your energy savings.

If you want to learn more about how geothermal heat pumps and how they can help you save money, contact the professionals at Aladdin Heating & Cooling. We serve the Metro-Detroit area.

Our goal is to help educate our customers about energy and home comfort issues (specific to HVAC systems).  For more information about geothermal heat pumps and other HVAC topics, download our free Home Comfort Resource guide.

Aladdin Heating services Novi, Farmington, Farmington Hills, Southfield, Oak Park, Ferndale, Beverly Hills, Berkley, Royal Oak, Birmingham, Bloomfield Twp., Bloomfield Hills, West Bloomfield, Madison Heights, Clawson, Sterling Heights, Warren, Troy, St. Clair Shores, Grosse Pointe, Grosse Pointe Woods, Grosse Pointe Farms, Grosse Pointe Park, Detroit, Utica, Shelby Twp., Rochester, Rochester Hills, Auburn Hills, Lake Orion, Oxford, and Clarkston. Visit our website to see our special offers and get started today!     

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