Geothermal Estimate-Need Insight

RizzoMaryland

I am designing a 5000 square foot house (2 floors + basement) here in Maryland and have received an estimate for a geothermal system. It appears high to me but is the first time looking into installing one. Need some insight guys...

Install WaterFurnace Envision Series 4 ton dual speed compressor and variable speed air handler package unit to serve basement and first floor.

Install WaterFurnace Envision Series 3 ton dual speed compressor and variable speed air handler package unit to serve 2nd floor.

Fabricate and install all duct work

Estimate $54,577 (Does not include estimate of $21,000 for drilling earth loop)

Roughly accurate or run for it?

__________________
"An idea is salvation by imagination"
Frank LLoyd Wright

playsinmud

It's a really good price actually. Just make sure of the company's credentials. Try to phone three of their past customers to see how everything went then and is working now.

palacegeo

Hey Rizzo, did you put in a geo system?

__________________
Dewayne Dean
www.palacegeothermal.com
We heat and cool with dirt.
Why settle for 90% when you can have 400%

hf05

Ya great price and it will pay for itself it u bought your 1st house when you are 14 and you end up buried in the backyard. Ya geo all the way!!!

geoguy

How do you manage to breathe with you head stuck that far up where the sun don't shine?

nhmaster3015

Gentlemen, I thought we didn't do the price thing here?
Without knowing all the specifics of any install, giving or validating prices is unprofessional at best.

Driftwood

Rizzo,My son in law has been doing earthheat in wash. state for 10 years.
I like the fact Your cont, is going water furnace. Thats' what He uses.
I see what that size home is going for Up there. You're VERY close!
Hope this helps. Drift.

nhmaster3015

Just for giggles. If the cost is 54 grand plus another 21 for excavation, bringing the grand total up around the 75K mark, as compared to more traditional heat and ac plants, what do you suppose the cost payback ends up being? I think we would be looking at making up about 50 g's in installation difference, then we have to figure the operation and efficiency differences on top of that. I have a gut feeling that it will take a very long time indeed to even the equation out. Then again, geographic location plays a big role as do the habits of the occupants.

palacegeo

In our area things work out a lot better than that. We can install a geo system in a house for $25000. It will heat the house for less than $500 per year. The people had been using propane for heat and paid $5300 last year.

The owner gets $4500 in credits and rebates so payback is 4 -5 years. With propane costs ever on the rise, who wouldn't sign up for geo.

__________________
Dewayne Dean
www.palacegeothermal.com
We heat and cool with dirt.
Why settle for 90% when you can have 400%

Driftwood

Hello again Rizzo, Just talked to My Son in Law. Price is a little lower than He would charge. He is guessing 6 wells to 300 ft.If You have the room ,horizontal trenches will save a lot of $$$$$$$. He said about 10 years on the pay back.
He has a good size Geo Buss. and knows what He's talking about.
Some Guys on here walk around with a large bag of SOUR GRAPES !
But they are entertaining, if nothing else! Drift

nhmaster3015

The tax incentives certainly bring the numbers into a more managable range. We have installed a few geo systems in the past few years but all the customers were high end people if you know what I mean. Not that there's anything wrong with being rich
I don't see them catching on for the average home owner, nor are they practical in the city. If I was building a new house I would probably go that route as the cost can be wrapped up in the construction and you can catch a break on the excavation if the contractor is already on site anyway.