What Does A Geothermal System Cost?

You can't afford to go without a geothermal heat pump, but you can afford one.

The Best In Heating and Cooling Is Also Affordable

Geothermal systems aren't just in your home; They are part of your home. With chart-topping efficiencies, long-lasting equipment, minimal maintenance, system safeties, cost-savings on utilities, and more, geothermal heat pumps are the optimal choice for the discerning homeowner.

Consider these benefits in addition to financial incentives and flexible payment plans, and your recurring savings could easily cover the monthly financing payments.

How Geo Works

How Much Will It Cost to Install Geothermal?

The cost to install a geothermal heat pump, like any HVAC system, varies by indoor square footage, geographic location, type of ground loop, and product selection, so there is no standard cost. The bottom line is that when compared to traditional HVAC systems, geothermal is the most environmentally-friendly and provides greater cost-savings, a higher level of consistent comfort, and better air quality. If you'd like to know the approximate cost for your home or building, we will direct you to the most qualified local TETCO installer for a custom quote.

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Learn About Financial Incentives

Flexible Financing Options for Geothermal Heat Pumps

TETCO's financing partners offer flexible payment plans specifically for energy-efficient home improvement projects, so you could install a geothermal heat pump with no money down. Terms of a loan are available from 12 months to 15 years.

This program has many benefits, including:

No home equity needed: Loan secured by the installed geothermal equipment, not by the equity in your home
Loan amounts up to $70,000 per loan
Fixed interest rates at competetively low percentages
No prepayment penalties
Automatic electronic payments
Short term (12 or 18 month) and long term (12 or 15 year) amortization options

Often times, the savings provided by the TETCO geothermal system exceed the monthly payments of the loan. You can save more than you pay, all while enjoying the advantages of a geothermal system without the up-front charge.

If you'd like to see how to install geothermal for no money down and how to go about securing your specialized loan, fill out the form below and get a FREE copy of our financing guide!

RECEIVE YOUR GEOTHERMAL FINANCING GUIDE

Financial Incentives for Geothermal

30% Residential Tax Credit for Geothermal

The U.S. Federal Government is offering a 30% tax credit available to homeowners that install geothermal. Since TETCO units exceed ENERGY STAR requirements, the heat pumps and all other system components are covered under this opportunity. The credit is equivalent to 30% of the total system cost, including labor, equipment, ground loop system, etc.

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State, Provincial, and Local Incentives

Many local governing bodies offer incentives for installing geothermal depending on where you're located in the U.S. and Canada. Local utility companies/co-ops offer incentives as well. You can use the Database of State Incentives for Renewables & Efficiency® to see your options or simply contact us and we'll help you find all the incentives available near you.

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