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A geothermal heat pump system will take about 10 years to pay for itself, and it has a life span of anywhere from about 25 to 50 years. Installing a geothermal heat pump will cost about $14,250 upfront, but it can reduce your energy bills by around 65% when compared to a conventional HVAC system.

If a geothermal heat pump is installed correctly, then you shouldn’t have to worry about having a backup heat source such as a furnace or oil boiler. However, there are geothermal systems installed that include a backup in case the heat pump fails due to extreme cold. This is simply a backup heat pump you’ll likely never need and not an alternative heat source.

You can expect a geothermal system to last for years. According to the Department of Energy, the underground infrastructure for the heat pumps lasts about 25 to 50 years, which includes the pipes buried in the soil. The actual heat pump itself has a life span of around 25 years.

NATE-certified technicians may charge slightly higher service fees compared to non-certified technicians. This is because NATE certification signifies a higher level of expertise and professionalism, often leading to more efficient and effective HVAC repairs and installations. While the upfront cost may be marginally higher, NATE-certified technicians can potentially save you money in the long run by reducing energy consumption, preventing frequent breakdowns, and extending the life span of your HVAC system. When looking for a local HVAC company to hire, it never hurts to ask about NATE certifications.