jkeyser14
Well-known member
I really don't believe that. Unless your geothermal system was <$3,000 installed.
Your geothermal system would basically have to use literally 0 electricity for the payback to be 7 years compared to an air-source heatpump.
Sounds like someone did the calculations against an old-school R22 heatpump that would be running with the aux resistance heat on most of the winter.
My geothermal system has a COP of 5.1 and an EER of 45. The heat pump was about $3k-$4k each more than a standard air source heat pump (two 3 ton systems), and the wells were $6k. The desuperheater was $1k.There was a $3k state grant and a 30% federal tax credit which applied to everything, including the ductwork since it was part of the system install.
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