The cost to install a solar system varies by geographic location, energy usage, available space for the array, and installer. Don’t write off the benefits of what an energy-efficient system, like the combination of solar and geothermal, could do for you. Investing in an energy-efficient system will not only bring you and generations to come benefits; but it will help create a more green, healthy environment while bringing cost savings and rewarding benefits. So, don’t hesitate to pair solar and geothermal heat pumps together.
Utilizing a geothermal heating, cooling, and hot water system can cut the energy use in a home or building by up to 70%; cuts hot water costs 25% – 40%; and cuts heating and cooling costs 30% – 70% annually. This helps you achieve a $0 monthly utility bill when combined with solar.
Another way to save money? Talk to your utility provider to see if net metering is available. Net metering allows you to send excess energy produced by your solar array back to the grid, crediting your account. This will make your meter run backwards. When you combine solar with a geothermal system, your home’s energy demand drops significantly. Geothermal handles your heating and cooling with incredible efficiency, meaning your solar array doesn’t have to work as hard. This means you’re more likely to generate excess energy and maximize the value of net metering credits, even during seasons when energy use would normally spike.