Geothermal pumps are a more efficient way of heating and cooling.
If you, as a energy-conscious homeowner, want to save money, this should catch your eye. But then, you notice the pricey costs and you think, “I don’t think I can afford that right now … maybe later.”
Think again.
Federal tax credits and financing can make the geothermal advantages more affordable. Also, reports show that you can actually start saving money right away. Starting to sound better, right?
This means you can still go on vacations and maybe have a little more money to spend on a nice dinners, plus you’ll know that you’re saving year-round and using less energy.
What is Geothermal?
Geothermal isn’t exactly new, but those that are using it are considered innovative and informed. The way geothermal works is that it takes advantage of the constant temperature underground to provide more efficient heating and cooling. Basically, it uses heat from within the Earth which is a renewable energy source.
What are the Geothermal Costs?
A recent article on NPR talked about a couple who took the geothermal plunge. Their payoff was three to seven years. It can take a little time to see the savings, but it really depends on your home and your situation. If you’re planning on staying in your Atlanta area home for awhile, perhaps raising a family, then it’s a great thing to consider as a renewable energy and an alternative to solar energy.
A report issued this year from a geothermal company further demonstrates how affordable these units can be for your residential home.
“…when installations are financed, rather than being paid for as a lump sum up front, it can be shown that homeowners start saving money the very first day when they turn on their heat pump.”
Tax Credits Can Help You Make the Switch to Geothermal
Right now, consumers can get a 30 percent federal tax credit on geothermal units for their homes. According to energy.gov, a tax credit is generally more valuable than an equivalent tax deduction because a tax credit reduces tax dollar-for-dollar, while a deduction only removes a percentage of the tax that is owed.
Don’t let the sticker shock stop you from going geothermal. You can save money on your energy costs, and we can help.
3 Ways GACI Can Help You Make Sense of Geothermal
- Check out our Geothermal Savings Calculator to see how much of your hard-earned money you could be saving.
- Read our frequently asked questions concerning geothermal.
- Sign up on our sidebar for a FREE Geothermal Consultation today.
Georgia Air Conditioning, your indoor comfort and energy solutions specialist, offers 12 months no interest financing on all geothermal installations in the Atlanta area.
Do you have questions about geothermal?
Photo Credit: Johann kr on Flickr

