CH4Ohio
Platinum Member
Also, take advantage of the tax credits for installation. Lower electric use will only get more valuable as these "green" initiatives continue to hike electric rates.
I need to replace my furnace at some point, so I looked into geothermal or heat pumps. It just doesn't make sense. I burn some wood in a wood stove but mostly heat with natural gas. My house is pretty large but when I look at a gas bills for a year and subtract the cost of gas for hot water and the grill in the summer months, I come out with less than $600 a year. How long would it take to save enough to pay for geothermal? Maybe 50 or 75 years.
I use A/C so little that my highest electric bills are in the winter for the hot tub and keeping my wife's plant room up to temperature.
I'm sure it's a good choice for some people but sit down and do the math before you spend the money.