Will a geothermal system save me money on my home's energy bill?

How does green energy affect your budget?

Green energy is the popular term for technology that uses renewable fuel sources, especially in place of those where fossil fuels are typically used. Solar panels, wind turbines, and geothermal systems offer big savings on pollution, but with the latest developments, they can also provide a savings for your wallet.

Consider the following ways geothermal heating and cooling impacts your bills:

• According to the Environmental Protection Agency, a geothermal system shrinks heating costs by up to 60 percent, while cooling costs drop by up to 70 percent. For the majority of homeowners, this translates into a savings of $400 - $1000 per year, depending on the size of your property.
• Geothermal units last much longer than traditional heating and cooling equipment. In fact, the warranties on most units span 25 years or more. Even if you spend more on installation than you would have on a new furnace and AC unit, you save a significant amount on overall HVAC costs if you stay in your home for 10 years or more.
• Green energy has a big impact on home prices. By installing one of these HVAC systems, you could make money when you sell your home. In fact, according to National Geographic, 40 - 60 percent of new construction utilizes green energy features. Sometime soon, home sellers in Gaston County will need to invest in alternative energy for their properties to compete with newer houses on the market.

Get a jumpstart on the advantages of geothermal. Schedule a time to talk about this convenient, efficient green energy solution with the pros at GSM Services.