WINSTON-SALEM — Due to a tax credit being offered by the federal government, more people are checking out geothermal heating and cooling systems to find out if it is right for them.
A Geothermal system uses the grounds temperature to heat and cool buildings. Coils deep in the ground filled with liquid adjust to the ground temperature, which in North Carolina is about 58 degrees. The system absorbs the temperature from the coil and distributes it through the building.
The system has a lot of upfront cost on installation, but can cut your energy bills drastically. For homeowner Bob Boone, installing a geothermal heating and cooling system was all about economics.
“It's not very popular right now, because of the expense but you know with some of the tax credits that are going on with the federal government and energy costs continuing to go up it's something that I think will be considered more in the future,” said Boone.
Johnny Armstrong, general manager of Blaze Air, said that in the beginning a geothermal system will cost two or three times more than a traditional heating and cooling system. However, there is the special tax credit being offered through 2013 to consider that will narrow the price gap considerably. Once a person factors in the savings on their utility bills, Armstrong said a person could see a savings of up to 70-percent.
For Boone, the benefits outweighed the negatives.
“I think the way energy costs are going I think you'll see them, more of them installed over the future,” said Boone.
No comments:
Post a Comment