Skip navigation


Serving Tompkins County & Central NY


NP Environmental Blog

Geothermal: A Cost Savings Breakdown


You’ve probably heard many times how much you’d save if you had a geothermal heating and cooling system. From things like improved efficiency to a smaller carbon footprint, these phrases all mean various different things to different people. Unfortunately, with the cost of a geothermal heat pump, it can feel like a lot of homework before such a large investment.

We’re here to break that cycle. If you’re even remotely interested in a geothermal heating and cooling system for your home, then we’d like to introduce you to some of the amazing cost savings you might enjoy. Depending on whether you’ve got an older home, a home with new solar panels, or even a house that already has an air source heat pump, geothermal in Utica might be your ticket to saving a huge percentage of your comfort spending for the next few years.

Let’s get right into it!

Why Geothermal Is So Efficient

There are some very good reasons right off the bat why geothermal is so extremely energy efficient when compared to other conventional heating elements that use fossil fuels. For one, it’s a heat pump which means it moves heat where it already exists from one place to another instead of creating new heat like a furnace or boiler.

The idea of moving heat instead of creating it is much more energy efficient and just easier for a machine to do. This gives your geothermal heating or cooling system a leg up initially.

Then we’ve got the fact that it’s drawing from underground where temperatures are extremely stable. The more mild the temperature is, the easier it is for the heat pump to draw heat energy or deposit it. Even just a few feet underground, temperatures are extremely mild, meaning there’s always an abundant amount of heat energy to use. This allows your heat pump to always draw or deposit heat with minimal energy consumption as a result.

Installation Costs Vs. Operation Costs

So, we know that geothermal systems are going to operate more efficiently than other heating or cooling systems. Why then doesn’t everyone have a geothermal unit?

The truth is that installation is a bit more intense than the setup of an air source heat pump or conventional system. It can definitely be worth it though.

It’s important to compare the average higher installation costs of geothermal (due to digging and the setup of underground systems), with the overall savings year after year. Our engineers specialize in calculating this amount so you can easily see how much you’ll save over time. Each home is going to be different, so it’s more accurate to take this info on a case-by-case basis.

Solar Panels and Other Helpful Upgrades

The main cost of operation for your geothermal heating and cooling system is the electricity to run it. Thankfully, geothermal systems last a long time, so you can make subtle home upgrades to save even more money!

Solar panels and heat pump water heaters are amazing home add-ons to consider. Solar panels will help power your geothermal unit at no cost (other than the panel installation), and the water heater will use the ambient temperature inside of your home to keep your water warm and ready for use.

Learn more about geothermal systems and ways to save money by contacting the engineers at NP Environmental!

Comments are closed.