Are you considering geothermal heating and cooling for your home in Australia? You’ve come to the right place! Geothermal heating and cooling systems are a great way to reduce energy costs and create a more comfortable home environment. But how much will it cost?
The cost of geothermal heating and cooling systems varies depending on the size of your home, the type of system you choose, and the amount of energy savings you expect. Generally speaking, a fully installed geothermal system will cost $50 000+, with most homeowners reporting a payback period at best four years, often ten. That means you could save up to 40% on your energy bills each year after installation.
When it comes to calculating the exact cost of installing a geothermal system in Australia, there are several factors that need to be taken into account. The size of your home, for example, will determine the number of wells needed for the system and how much pipe needs to be installed. You’ll also need to factor in labour costs for drilling the wells and installing the pipes, as well as equipment costs for pumps and other components.
In addition to installation costs, you should also consider ongoing maintenance costs. Fortunately, Geothermal systems require very little maintenance compared to other types of heating and cooling systems. Most homeowners only need to replace their pipes every 5-10 years depending on usage levels. This means that over time, Geothermal systems can become more economical than other types of systems due to their low operating costs.
One way to ensure that you get the most out of your geothermal system is by working with an experienced engineer or installer who can design and construct a hydronic heating or cooling system specifically for your needs. Euroheat Australia is one such company based in Perth that has over 30 years experience designing hydronic heating & cooling systems with excellent results. Their team can help you select the best type of system for your home and provide guidance on installation as well as ongoing maintenance services if required.
Overall, investing in geothermal heating & cooling can be an excellent choice if you want to reduce energy bills while creating a more comfortable living environment at home. With initial installation costs $50 000+ but potential savings reaching up to 40% on energy bills each year afterwards, this could be one investment you won’t regret making.
