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re: Spinoff thread: Anyone have experience with geo-thermal heat pumps?

Posted on 4/9/14 at 9:00 pm to
Posted by VetteGuy
Member since Feb 2008
28700 posts
Posted on 4/9/14 at 9:00 pm to
Researched it thoroughly.
I was going to do closed loop.

Botom line, IMHO:
Using the tax credit is the only way it makes fiscal sense.
Without the credit, it's a non-starter.

That said, the current efficiencies in foam insulation, coupled with high-SEER variable speed heat pumps, just about negate the advantage of geothermal for the home. Plus, geothermal adds a layer of complexity (more moving parts) that heat pumps don't have.

Lastly, look around. They aren't that popular, even with the credits.
Posted by fly2fish
OB
Member since Nov 2008
242 posts
Posted on 4/9/14 at 9:12 pm to
I concur with the tax credit statement, I wouldn't even think about it without that. Also, if it wasn't new constuction, I'm not sure I could justify spending the extra $$. I'm just so tired of $500-$600 power bills.
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