Geothermal Heat Pump Cost

The cost of a geothermal (ground-source or water-source) heat pump can run $3,000 -$8,000, and the more expensive models may include options such as a two-stage compressor or a hot water heater. Excavation and installation costs can bump total costs up to $10,000 -$25,000 or more, depending on depth of pipes, type of equipment and soil conditions.



Discounts:

Utility companies and other agencies may pay a rebate on an energy-efficient geothermal heat pump; check with your local power company .Energy Star-rated geothermal heat pumps may qualify for up to a $2,000 federal tax credit in 2009.

!!! -> The US Department of Energy provides guidelines for selecting and installing a geothermal heat pump system.