Beyond Monthly Savings: Some Homeowners may be Underestimating the Value of Geothermal

When calculating a geothermal system's potential ROI, a common tactic is to divide the purchase price by the estimated monthly savings after installation. This is certainly a good first step (and may be the primary basis for deciding to move forward with this purchase), but it neglects one potential part of the equation—added resale value.

This guide identifies several ways people can evaluate how geothermal heating and cooling may affect their home values when it comes time to sell.

Today the province of Ontario formerly announced the GreenOn geothermal rebate program. Covering air source heat pumps and ground source geothermal systems with rebates up to $20,000, details are as follows:

GreenON will be publicly announcing up to $20000 of incentives as part of the geothermal rebates scheme called the Low Carbon Technologies Incentive Program. This is great news for Ontario homeowners looking to save money and upgrade to geothermal.

This Sunday we are supporting the Kemptville Sustainability Fair

Here we discuss the pro's and cons of air source heat pumps versus ground source heat pumps, taking into account the latest variable speed heat pumps.