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Heating Oil questions, answered by experts

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.

While it's generally safe to stay in a home with a coolant leak if your home is properly ventilated, it's important to have a professional come out to assess the situation right away. You should evacuate your home if you notice any powerful fumes. Additionally, you should leave your home if you are experiencing headaches or dizziness.

Regular inspections, loop flushing, and checking heat exchangers help extend system lifespan.

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.

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.

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