At $160/cord (my current price) and $0.14/KWH (generation+transmission). The estimated cost of running a geothermal system is nearly identical to a wood boiler, maybe even less.
http://www.vermontgeo.com/geothermal_operating_costs.html
The install cost of geothermal with ducked work might be around $25k after 30% Gov rebates. The cost of wood boiler is probably about $15k. Geothermal adds about $14k to the resale of a home. Wood Boiler doesn't add anything to the resale of a home and may be seen as a negative (source: my real estate agent).
I currently get about 90% of my heat from a wood insert, but the time has come for an upgrade. I was thinking wood boiler, but my wife suggested geothermal. After looking at the numbers, I must admit it would be nice not to spend hundreds of hours a year stacking wood.
Thoughts?
http://www.vermontgeo.com/geothermal_operating_costs.html
The install cost of geothermal with ducked work might be around $25k after 30% Gov rebates. The cost of wood boiler is probably about $15k. Geothermal adds about $14k to the resale of a home. Wood Boiler doesn't add anything to the resale of a home and may be seen as a negative (source: my real estate agent).
I currently get about 90% of my heat from a wood insert, but the time has come for an upgrade. I was thinking wood boiler, but my wife suggested geothermal. After looking at the numbers, I must admit it would be nice not to spend hundreds of hours a year stacking wood.
Thoughts?
!
. While wood burning equipment itself is pretty reliable it is totally dependent on the "user" part of the equation and that will typically be the weak link in the chain.
T than a typical forced air system. Air leaving the registers can be as low as 90-100
instead of 135+ and this contributes to an overall cool feel in the house. The same btu's are being provided but they will definitely feel different. There is no getting around it. If you can tie a ground source geo into a low temp radiant slab, then you have the comfort end of things by the short hairs. A geo will provide the same comfort level and mean radiant temperature as any other radiant system.