I just got geothermal mid year of 2020. $13500 4ton system+ $3700 for dig, removal of outdoor fuel oil tank (300gallon), this includes flattening and reseeding for grass. Horizontal ground loop was installed 600ft of pipe per 120ft trench @5ft deep in ohio , 1 trench per ton, 4 ton unit, I had a concrete slab and some tree branches to be cut along the way while running header line down to the 4 trenches. I'd estimate 2600-2700ft of pipe. The geothermal is tied to my hybrid (heatpump) water heater. Electricity used for my house has been about 480kwh or so past couple months, 5.5 cents kwh bill was $62-63. 1500sq ft, ac/heat used during this time frame I've had it running. A/C runs once about every other hour til around 10pm and won't be needed til closer til noon. With showers for 3, laundry, fridge, chest freezer, dehumidifier, well pump (no city water). To use 20-30kwh tops, usually 20kwh, extra usage comes from more loads of laundry mostly. So in total $17200 spent, I will get 26% tax credit. $4472 I get back. So I will pay $12,728. For reference a trane fairly high performance system would of cost me 11000-12,700... A mid grade rheem system around $8000. I had around 4 estimates they all came in at least 7700+, and each estimate contained multiple efficiencies so in total probably closer to 12 estimates, by 4 companies and lastly 1 for geothermal. You might ask why not the $8000 one? I needed to buy propane tank 500 gallon underground is around $3000, add propane your probably close to another $1000. Which puts me at $12000 or so anyways...but the propane cost and lesser name brand and lesser efficiency would quickly add up. With geothermal I get significantly more savings by efficiency as even top of the line ordinary heatpump systems and A/C/propane couldn't compete, it also offsets water heater energy usage and I have a backup 15KW heat strip if needed. So I'm running all this & 1500sqft older brick house on a 4 ton unit and all my home for $63... probably no more than $80 all summer. Compared to my previous home 1000sqft modular $150 for electric ON A BUDGET & NATURAL GAS BUDGET OF $50. And my brick home I will say that fuel oil was costing me $250 every couple weeks to heat to 60 degrees before I moved in. So geothermal is $63 so far (other bill with geo was $62) no budget, fuel oil $500 a month to heat, old house combination of gas & electric was $200 a month on a budget. I can guarantee my old AC although new 15 seer efficiency it still ran my electric 150-200 sometimes $300, course modular vs brick has some efficiency, however my brick home is bigger, larger 4 ton unit, full basement and some massive 8ft by 10ft single pane windows that collect heat and are probably 1968 add on original (rotting) to the home. If you have the money and land and you pay enough in taxes a year to claim whole credit like I will of $4000 some and cannot get natural gas I highly recommend geothermal, quiet and offers huge payback. A professional team can do the 4 ton dig and bury line connections in a single day. If crew was big enough mine wouldn't of taken 3 days to install, as a crew inside could have been working on replacing inside unit. While it looks like a huge project it isn't that bad, worst part is my yard for now awaiting the dirt to settle. I never see cost breakdowns or any details about things like this so I thought I'd share...if you found this useful or want information, click like hopefully I get notifications and can see it to respond. Other thoughts is the pipe underground can last 200+ years and the unit lasts average 20 years or so which is 5 years longer than the average system. I would estimate payback in energy saving definitely less than 10 years, especially had I kept fuel oil. Propane you need a tank and have inspection requirements, limits to capacity, variable costs etc. I honestly thought this 4ton vs my old 3 ton system would of been break even on bills or cost more... I now see why state and commercial industries choose geothermal, even schools have installed geothermal.
Excellent presentation. I have a 6,000 sf home and 6 vertical boreholes 300' for my ground loop. Cost to run the system averages about $70 per month for heating, cooling and hot water.
Had my water furnace 10 years now and I've added solar so it is very low cost on the monthly payment which is the slow way of going broke. DIY cuts the up front cost by 50 % and it pays better than most investments without the fear of losing your money. Energy independence is one of the best feelings ever and when I get my EV auto I will be on my way to zero costs.
I'm in the same boat...going for off grid capability. I need solar and tesla powerwalls, but first need to get windows & doors. After all that it will be an EV. Hopefully coronavirus goes away.
Here in Upstate NY we had an existing 4 ton air-source heat pump system converted to a 4 ton ground-source ("geothermal") system. After Federal a 30% Federal tax credit we financed $17,500 with a Green Jobs - Green New York Loan Program loan at 3.49% for 10 years which included the Water Furnace, excavation of the pit and plumbing, removal of the old condenser (we reused the existing fan coil). This is an all-electric, 2400 sf house. We have electricity usage spreadsheets from the couple who built the house ~30 years ago for the years 2003-2004. The winter months (Nov. through March) show typically >3800 kWh per month with several months in 2003 >4200 kWh/mo. For the past couple years we've maintained
the difference is that you are using renewable energy... energy that is already available instead of fossil fuel/natural gas/propane. Yes it is expensive to install, but it seems that in the long run you are the winner as fossil fuel is becoming more expensive every year
@@mabel6273 Fossil will go down as more Geo is being used. plus if everyone goes to Geo and the power company sells less power, then they raise the rates so you save nothing.
I just got geothermal mid year of 2020. $13500 4ton system+ $3700 for dig, removal of outdoor fuel oil tank (300gallon), this includes flattening and reseeding for grass. Horizontal ground loop was installed 600ft of pipe per 120ft trench @5ft deep in ohio , 1 trench per ton, 4 ton unit, I had a concrete slab and some tree branches to be cut along the way while running header line down to the 4 trenches. I'd estimate 2600-2700ft of pipe.
The geothermal is tied to my hybrid (heatpump) water heater.
Electricity used for my house has been about 480kwh or so past couple months, 5.5 cents kwh bill was $62-63. 1500sq ft, ac/heat used during this time frame I've had it running. A/C runs once about every other hour til around 10pm and won't be needed til closer til noon. With showers for 3, laundry, fridge, chest freezer, dehumidifier, well pump (no city water). To use 20-30kwh tops, usually 20kwh, extra usage comes from more loads of laundry mostly.
So in total $17200 spent, I will get 26% tax credit. $4472 I get back. So I will pay $12,728.
For reference a trane fairly high performance system would of cost me 11000-12,700... A mid grade rheem system around $8000. I had around 4 estimates they all came in at least 7700+, and each estimate contained multiple efficiencies so in total probably closer to 12 estimates, by 4 companies and lastly 1 for geothermal. You might ask why not the $8000 one?
I needed to buy propane tank 500 gallon underground is around $3000, add propane your probably close to another $1000. Which puts me at $12000 or so anyways...but the propane cost and lesser name brand and lesser efficiency would quickly add up. With geothermal I get significantly more savings by efficiency as even top of the line ordinary heatpump systems and A/C/propane couldn't compete, it also offsets water heater energy usage and I have a backup 15KW heat strip if needed.
So I'm running all this & 1500sqft older brick house on a 4 ton unit and all my home for $63... probably no more than $80 all summer. Compared to my previous home 1000sqft modular $150 for electric ON A BUDGET & NATURAL GAS BUDGET OF $50. And my brick home I will say that fuel oil was costing me $250 every couple weeks to heat to 60 degrees before I moved in.
So geothermal is $63 so far (other bill with geo was $62) no budget, fuel oil $500 a month to heat, old house combination of gas & electric was $200 a month on a budget. I can guarantee my old AC although new 15 seer efficiency it still ran my electric 150-200 sometimes $300, course modular vs brick has some efficiency, however my brick home is bigger, larger 4 ton unit, full basement and some massive 8ft by 10ft single pane windows that collect heat and are probably 1968 add on original (rotting) to the home.
If you have the money and land and you pay enough in taxes a year to claim whole credit like I will of $4000 some and cannot get natural gas I highly recommend geothermal, quiet and offers huge payback.
A professional team can do the 4 ton dig and bury line connections in a single day. If crew was big enough mine wouldn't of taken 3 days to install, as a crew inside could have been working on replacing inside unit.
While it looks like a huge project it isn't that bad, worst part is my yard for now awaiting the dirt to settle.
I never see cost breakdowns or any details about things like this so I thought I'd share...if you found this useful or want information, click like hopefully I get notifications and can see it to respond. Other thoughts is the pipe underground can last 200+ years and the unit lasts average 20 years or so which is 5 years longer than the average system. I would estimate payback in energy saving definitely less than 10 years, especially had I kept fuel oil. Propane you need a tank and have inspection requirements, limits to capacity, variable costs etc. I honestly thought this 4ton vs my old 3 ton system would of been break even on bills or cost more... I now see why state and commercial industries choose geothermal, even schools have installed geothermal.
Excellent presentation. I have a 6,000 sf home and 6 vertical boreholes 300' for my ground loop. Cost to run the system averages about $70 per month for heating, cooling and hot water.
About how much did it cost for the units, installation, and digging?
wouldnt all that expanding and contracting of the underground dirt cause a sinkhole?
But what did you pay for that vs a conventional system?
@@woodgrain816 A Bunch, it's not cheap at all.
@@q.b.3828 only if the pipe's burst.
Had my water furnace 10 years now and I've added solar so it is very low cost on the monthly payment which is the slow way of going broke. DIY cuts the up front cost by 50 % and it pays better than most investments without the fear of losing your money. Energy independence is one of the best feelings ever and when I get my EV auto I will be on my way to zero costs.
I'm in the same boat...going for off grid capability. I need solar and tesla powerwalls, but first need to get windows & doors. After all that it will be an EV.
Hopefully coronavirus goes away.
I'm in the same boat and want a water furnace but nobody will sell one to a DIY homeowner. Bunch of bullshit
@@paulnovak833 Ebay.
Hvac guy here, worked on water source heat pumps 21 years now and there's no question that a geothermal unit is by far the most efficient, period.
Hvac guy here too, but the cost difference to install Geo vs conventional is huge.
When you have to pay $30,000 - $50,000 for installation, only Methusela could live long enough to recoup the initial costs.
Here in Upstate NY we had an existing 4 ton air-source heat pump system converted to a 4 ton ground-source ("geothermal") system. After Federal a 30% Federal tax credit we financed $17,500 with a Green Jobs - Green New York Loan Program loan at 3.49% for 10 years which included the Water Furnace, excavation of the pit and plumbing, removal of the old condenser (we reused the existing fan coil).
This is an all-electric, 2400 sf house. We have electricity usage spreadsheets from the couple who built the house ~30 years ago for the years 2003-2004. The winter months (Nov. through March) show typically >3800 kWh per month with several months in 2003 >4200 kWh/mo. For the past couple years we've maintained
If you built a passivehaus you’d hardly need to heat the house at all.
How does it work with sandy soil?
Thanks for the info.
would be interesting to see what a passive house would need to heat this house
Nice work
How will this system work in Louisiana?
You want an air to air conventional heat pump in la
if everyone goes to Geo and the power company sells less power, then they have to raise the rates so you save nothing.
Install solar with geo as I have done. I also have propane as backup but use very little. If POCO wants to raise than add batteries
That is a huge hole
If you do the digging yourself it might be worth it.
I have a better idea. Spend that money insulating, ventilating, and sealing your home. Save your yard and heat with a candle. Cheers
I don’t buy it! Trading gas bills for electric and huge dig bills is only a trade with the homeowner paying any difference.
David Pokorzynski I think Lp gas is the best. Nothing can beat Lp natural gas. When things break down good luck.
the difference is that you are using renewable energy... energy that is already available instead of fossil fuel/natural gas/propane. Yes it is expensive to install, but it seems that in the long run you are the winner as fossil fuel is becoming more expensive every year
Know this is old post, if you have some time might want to read my breakdown on this page in a separate comment. I was skeptical.
@@mabel6273 Fossil will go down as more Geo is being used. plus if everyone goes to Geo and the power company sells less power, then they raise the rates so you save nothing.
solar@@robvoyles