the house is going be built soon and hoping to have a guestimate please help me thanx for any and all help
we dont know how big this house is going to be so just give us the best answer you have please and thanks
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For about a 1500 square foot house with full basement in the midwest, figure about $15,000.00 including a water desuperheater to help provide the house’s hot water needs, and electric strip heaters for those extra cold days, and a new 50 gallon hot water heater. We are down to 34 degrees in the midwest and so far, the geo has been more than enough heat without the emergency strip heaters kicking in. These units operate as a very efficient type of heat pump.
Forgot to mention, in a new house, you will have to factor in duct work. Also, there is a 30% tax deduction for these in the U.S.
You will have to adjust to today’s prices from about 1990, but I had a friend that built a new, fairly large log home, and had geothermal installed during construction. She said it cost about $7,500, which was only about $2,500 more than a standard drilled well with a submersible pump and bladder tank for a resevoir. My guess would be that that figure would translate into approx. $15,000 now, however, several years ago when we had a class reunion at her home, she said it costs her about $250 – $300/year, for heating and cooling. That’s mostly electricity for a circulation pump to keep the water moving.