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The most obvious downside is the high upfront cost of buying and installing one of these systems. Additionally, sometimes the system can take a longer time to heat than alternatives like a boiler. Also, if something goes wrong with the geothermal pump, repairs are often significantly more expensive than repairing traditional, above-ground heat pumps.

Yes, geothermal heat pumps are worth the money. You can save about 70% on heating costs in the winter and around 50% on cooling costs in the summer with a geothermal heat pump compared to a traditional HVAC system. Over time, your savings on monthly utilities will pay for the cost of the geothermal heat pump installation. If you have an incredibly small yard, however, you may not have enough space for this type of system.

There are several common types of HVAC systems that you may have, including split systems, hybrid HVAC, duct-free systems, packaged heating and air, geothermal heating, or even portable units for heating or cooling. If you aren’t sure which type is in your home or are looking to install something different, you should consult an HVAC pro to determine which option is right for your heating and cooling needs.

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.