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Geothermal heat pumps are typically more expensive to install than standard heat pumps.

True
100%
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Question: Geothermal heat pumps are typically more expensive to install than standard heat pumps.
Top Answer (100% of 37 votes): True.

Answer: True
Explanation: Geothermal can be a little more expensive, but your operating costs will offset the difference, and you should see a payback within a few years. Over the life of the geothermal unit, your savings will end up paying for the complete cost of the installation. So basically, it is paying for itself.
Geothermal Sales & Service, Inc.
Answer: True
Explanation: Geothermal has a much higher purchase and install cost, but long term, lower energy costs will easily recoup the investment. You are also eligible for a 30% federal tax credit if your geothermal system is Energy-star rated. Air-source heat pumps have a lower purchase and install cost and are much faster to install. Like geothermal, they reduce energy costs but not as significantly as geothermal. If the system is extremely efficient, you can get a tax credit of up to $300.
Affordable AC of SWFL, Inc
Answer: True
Explanation: A lot goes into installing a geothermal heat pump. The equipment and time it takes to put it in mainly the factor of the expense.
Kair
ProMatcher
Answer: True
Explanation: Sometimes 3 or 4 times more.
Air Connection
Answer: True
Explanation: Absolutely it's about twice the cost
H&M heating and cooling
Answer: True
Explanation: Even though the installation price of a geothermal system can be several times that of an air-source system of the same heating and cooling capacity, the additional costs are returned to you in energy savings in 5 to 10 years. System life is estimated at 25 years for the inside components and 50+ years for the ground loop. There are approximately 50,000 geothermal heat pumps installed in the United States each year.
Barwick Heating & Cooling
ProMatcher
Answer: True
Explanation: The initial cost of a geothermal heat pump is usually much greater than the cost of a air to air heat pump, but the energy savings for a geothermal is far greater than a typical air to air. With a geothermal you save on energy consumption and it doesn't take aslong as to pay itself of and the rest of the life of the unit you are saving tremendous amounts of money.
Dr Heat & Cool Comfort Experts
Answer: True
Explanation: Due to the complexity of the system installation, and the higher cost associated with parts.
Jtb heating and air
Answer: True
Explanation: you have to dig the trenches or wells for piping
Foothills Comfort Specialists Heating & Air LLC
ProMatcher
Answer: True
Explanation: Geo thermal requires either a well or an array of pex tubing dug into the ground. Both require a greater investment and is why standard heat pumps more common despite they are not as efficient.
123HVAC of Long Island
Answer: True
Explanation: very expensive commitment
H.O. Electric
Answer: True
Explanation: more piping
Climate Creations LLC
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Geothermal heat pumps are typically more energy efficient than air-source heat pumps. Top answer: True

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