With surging energy costs that have no signs of slowing down, it’s no surprise that Maine residents are looking to lower their heating and cooling costs. According to the U.S. Department of Energy, fifty percent of an average American’s household energy consumption results from heating and cooling. Finding a more efficient way to heat and cool your home could save you several hundred dollars annually.
Many Maine residents are discovering the benefits of geothermal heat pumps to heat and cool their homes. Geothermal heating could lower your heating and cooling bill by as much as 50 percent.
Also known as ground source heat pumps, geothermal heat pumps take advantage of ground temperatures to heat and cool a home. A geothermal heat pump transfers this heat into the house during the winter. In the summer, the heat pump transfers heat from the house back into the ground to cool the home. Thus, a geothermal heat pump can replace your furnace and air conditioner.
An HVAC specialist from HVAC 911 Maine can install a geothermal heat pump in your home, creating enough energy savings to recoup the costs in about five to seven years.
Here are five benefits to consider when installing geothermal heat pumps in Maine.
1. Geothermal heat pumps are highly energy efficient
Geothermal heat pumps use 25 to 50 percent less electricity than conventional heating or cooling systems, according to the U.S. Department of Energy. That is about one unit of electricity to move three units of heat from the earth. Geothermal heat pumps are 44 percent more efficient than a standard heat pumps. Geothermal heat pumps also relieve humidity, which is welcome news during the summer.
2. Geothermal heat pumps have a long life cycle
With routine maintenance, traditional HVAC systems can last 10 to 15 years. Because geothermal systems are safely embedded deep below the ground, they last substantially longer. The indoor portion consists of a fan, compressor, and pump, which can last for several decades. The rest of the system buried underground can last for several generations.
3. Maine incentive programs can bring down geothermal costs
Maine residents who hire a contractor through HVAC 911 Maine to install a geothermal heat pump are eligible for a $3,000 rebate on qualifying heat pumps. Suppose the heat pump is installed before the end of 2023. In that case, homeowners are eligible for additional tax credits from the federal government that can cover up to 26 percent of the cost.
4. Geothermal heat pumps require minimal maintenance
Because there are not many moving parts, geothermal heat pumps require little to no maintenance. The warranty lasts about 50 years, though many experts say a heat pump can easily last at least a century. While it is a good idea to have your geothermal heat pump periodically inspected, there is little repair work required.
5. Geothermal heat pumps improve the equity value of your Maine home
Home values have increased dramatically in recent years. The ability to save hundreds of dollars in energy costs annually creates additional value. When you have a licensed HVAC specialist from HVAC 911 Maine install a geothermal heat pump in your home, you are making a substantial investment that translates into higher equity and resale value.
Thinking of installing a geothermal heat pump? Contact HVAC 911 Maine
If you want to take advantage of the energy cost savings of a geothermal heat pump, call HVAC 911 Maine. You will connect with experienced and qualified contractors who can install a geothermal heat pump system in your home. Considering the incentive programs available, the fantastic savings and the longevity of the technology, you can expect the benefits to outweigh the costs.