Key Benefits of Geothermal Heating and Cooling
Geothermal is a truly top-of-the-line HVAC system that provides year-round climate control for your home. One of the most advanced systems on the market, geothermal is a hit with homeowners who care about the environment — and those who want to secure big savings. The financial benefits of geothermal heating and cooling range from the unbeatable monthly savings to a one-time tax credit.
At Vertex Mechanical, we’re one of the few Lancaster HVAC companies that specialize in geothermal energy. Since we know that this is still a fairly new system for many people, we’re explaining a little more about how it works — and why you want to bring it home.
These are the main benefits of geothermal heating and cooling that make it such an in-demand choice:
Energy Savings — Between 30% to 70%
Environmentally Friendly — Clean and renewable
Long Lifespan — Lasts longer than traditional HVAC systems
Efficient, Comfortable Heat — No waiting for the temperature you want
Federal Tax Credit — See more about this topic below
Keep reading to learn how a geothermal HVAC system works — or reach out and get a quote to bring these benefits to your home!
How Does a Geothermal HVAC Work?
Since they operate a bit differently from every other system on the market, people often don’t exactly understand how geothermal HVAC works — specifically how they can both heat and cool homes. That’s why one of the most common questions we hear from homeowners is, “How does a geothermal HVAC work?” On the heating side of things, geothermal HVAC systems work by capturing the earth’s heat in underground water-filled tubes. The heat from that heated water is then pumped through the house, providing comfortable, on-demand warmth for your home.
When used for cooling purposes, the cycle basically works in reverse, meaning that the heat from the air in your home is captured and cycled underground where it is cooled. This is possible since the temperature under the ground stays constant regardless of the season, letting it serve as a perfect source of heating or cooling. Many of the benefits of geothermal heating and cooling come from the fact that the system uses the Earth’s natural energy!
While this process is complex, using your geothermal system is refreshingly simple. All you need to do is adjust your thermostat like normal, and the system will do the rest. If you want a more detailed explanation of, “How does a geothermal HVAC work?”, you can always reach out to one of our expert geothermal installers to get even more details.
Geothermal Tax Incentives Still Available
Not only will a geothermal system prove to be extremely efficient at reducing your heating and cooling bills, but in 2020 the federal government is making it an even smarter financial decision. Until the end of the year, you can claim a 26% federal tax credit for having a geothermal system installed in your home.
This geothermal tax incentive drops down to 22% in 2021, and the tax incentive disappears completely in 2022. That makes this the best time to invest in a geothermal system if you’ve been thinking about it for a while. Even without the geothermal tax incentive, you’ll still save money every month — however, getting a huge tax return is a great upfront boost!
Need some assistance to take advantage of the deal? Learn more about our financing options right here.
Bring Home the Benefits of Geothermal Heating and Cooling
The unbeatable monthly savings, the ultra-long lifespan, and how great you’ll feel knowing you’re going green make geothermal HVAC a truly top-of-the-line option. The benefits of geothermal heating and cooling make it a fantastic choice if you need to replace your current system.
However, the 26% federal tax incentive is an attractive enough offer that many homeowners are considering upgrading a few years ahead of schedule.