How Much Does Geothermal 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.   

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 provide you with a FREE geothermal design and quote. Don't write this amazing technology off without getting all the facts for your unique situation. 

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 for 3 to 10 years.

Benefits of this program include:

  • The application is filled out online
  • Approval within 24 - 48 hours
  • It is secured by the geothermal equipment that's installed, no by the equity in your home
  • Combined loan amounts up to $50,000
  • Works with any contractor – your contractor does not have to be a partner of the loan program
  • Fixed interest rates
  • No prepayment penalties
  • Discount in rate for automatic electronic payments

If you have interest in this program, our in-house loan expert will provide you with more information and step-by-step instructions to begin the loan application process. We’re here as a resource, and strongly encourage you to explore all your options, so you can get the best heating and cooling system available.

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Financial Incentives

30% US Tax Credit

30% US Tax Credit

There is a 30% federal tax credit available for residential geothermal systems. Any geothermal equipment meeting ENERGY STAR requirements at the time of installation is eligible for the federal tax credit. The credit is equal 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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Project Planner

Submit your plans for a FREE geothermal design and quote.

See the Savings From Real-Life Installations

by Enertech Global, LLC
2506 S Elm Street
Greenville, IL 62246