Energy Efficiency: How Geothermal Energy Can Help You Save Money

Whether it is cutting coupons or finding other ways to cut back on spending, we all enjoy finding new ways to save money. One of the smartest ways one can do this is with the use of geothermal energy. This energy is taken from the water passing through rocks underneath the Earth’s surface. This energy can then be used in heating pumps, cooking, and baths. It is diverse because it can also be used to cool homes, since electricity is generated from it.

High Start-up With Big Savings

Geothermal energy, which does not rely on the burning of fossil fuels, is especially appealing to those families striving to do their part to remain “green.” In addition to being renewable, this energy does not cause pollution, which is safer for the environment. It is also significantly less expensive to use in homes. Unfortunately, it does cost a pretty penny install the pump needed to use geothermal energy. However, since using this pump would cause you to consume over 40 percent less energy while using 25 to 50 percent less electricity, you would immediately notice your savings on your bills. At this rate, you would recoup your start-up costs within two to 10 years.

Positive Benefits

In addition to saving money, using geothermal energy has several other positive factors. Since it does not depend on the sun or wind, there is a constant supply of it and it can basically be found anywhere. It is effective at heating homes in the winter by transferring heat from a warm area over to a cold area. In warmer months, it cools homes by doing the opposite. If your current heating and cooling system just isn’t quite doing the job, your best bet is to have a geothermal energy pump installed. In the United States, you may be eligible for a 30 percent tax credit just for doing so!

Free Hot Water In Summer

Using geothermal energy will definitely prove to be useful. Each pump has something called a desuperheater, which takes the heat from your house to warm your water in the winter. Essentially, this gives you free hot water during the summer, lowering your utility bills drastically. This is one of the biggest benefits to using a geothermal energy pump. Over time, your savings will definitely outweigh your cost of installing the pump.

If you are looking for a cleaner energy for your home while keeping more money in your pocket, geothermal energy really is the way to go. It is cost effective, clean, and reliable.  If the cost is of particular concern to you, you may want to consider including the installation cost in your mortgage. Of course, you will still be paying the same amount, but you won’t have to come up with the large sum all at once. The benefits far outweigh the initial costs, especially since the pumps themselves are designed to last 20 years or more. It is advisable to do your research and talk with a professional to help you come to a decision on switching to geothermal energy.

Ursula Leighton is a professional geologist who knows what happens under our feet like the back of her hand. She is always goading people and companies like Tempo Air to use the vast amounts of energy that is lying unused under the surface of the earth.

 

Tags: Air conditioning, Energy, Geothermal, Geothermal energy, Renewable energy, Technology, United States

Category: Energy, Home Improvements, Saving Money