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How Much Does A Geothermal System Cost?

Spoiler alert: Our geothermal systems will save you money!

You Can Afford the Best Heating and Cooling System 

Between the highest efficiencies, long-lasting equipment, less maintenance, safeties, and cost savings on heating, cooling, and hot water bills, geothermal systems provide a return on investment in more ways than one.

Couple these benefits with financial incentives and flexible financing options, and you’ll be able to make monthly payments on a new system with the money you save on heating and cooling costs.   

Learn About Financial Incentives

What Does It Cost to Install a Geothermal System?

The cost to install a geothermal heating and cooling system varies by geographic location, loop size, home/building size, and installer so there is no clear-cut price. Bottom line: When compared to traditional HVAC systems, geothermal systems will provide more cost-savings. To get an estimate for your home or building, reach out to us and we’ll connect you with the most qualified local GeoComfort installer for your custom quote. Don’t write this amazing technology off without getting all the facts for your unique situation. 

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You Can Get a Geothermal Heat Pump with a Flexible Payment Plan

GeoComfort has partnered with a lending institution that specializes in energy-efficient home improvements to offer flexible financing, so you could install a geothermal system with no money down. Terms of a loan are available from 12 months to 15 years.

Benefits of this program include:

  • No home equity needed: Loan secured by the installed geothermal equipment, not by the equity in your home
  • Loan amounts up to $70,000 per loan
  • Competitively low, fixed interest rates
  • No prepayment penalties
  • Automatic electronic payments
  • Short term (12 or 18 month) and long term (12 or 15 year) amortization options

Typically, the savings provided by the GeoComfort system exceed the monthly payments of the loan. You can stay net positive and enjoy all the benefits of a geothermal system without the up-front cost.

If you’d like to see how to install a system for zero money down, and the process behind securing your geothermal loan, fill out the below form and get a free copy of our financing guide!

get your free geothermal financing guide

Financial Incentives

US Commercial Tax Credit

30% US Tax Credit

There is a federal tax credit available for commercial geothermal heat pump installations. Any geothermal equipment meeting ENERGY STAR requirements at the time of installation is eligible for the federal tax credit. The credit is up to 30% of the total system cost, including equipment, labor, piping, etc.

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State, Provincial, and Local Incentives

State, Provincial, and Local Incentives

There are state, provincial, and local incentives available in parts of the U.S. and Canada. Your local utility may offer incentives, as well. Additional incentives can be found by searching the Database of State Incentives for Renewables & Efficiency®.

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See the Savings From Real-Life Installations

Installation Spotlights