From financial and safety to bettering your health and the environment, the benefits of geothermal energy are simply amazing:
Geothermal systems are the most cost-effective heating and cooling systems available! With an EarthPoint system, you could see a payback of capital costs in less than five years thanks to operating cost savings. Plus, an EarthPoint system eliminates any worry about ever-rising oil energy costs.
Geothermal systems had previously come with very high price tags, however in conjunction with an EarthPoint thermal energy system, this process comes in line with traditional HVAC systems along with long-term reduced costs, decreased CO² output and energy security.
Geothermal systems also last much longer. Because much of the outdoor equipment (e.g., an air-conditioning condenser system) is replaced with a geothermal system, you won't see turnover of it. This further reduces the long-term cost of ownership of these systems, which extends your energy dollars.
NOTE: Like a traditional system, air filters need to be cleaned or changed regularly. In commercial application, the loop should be monitored for temperature.
Both Canadian and US governments offer accelerated depreciations for commercial geothermal installations. State and provincial grants are also available. See your local provincial, state or federal page for details.
The majority of the cost of any geothermal installation is labour—the equipment and material account for less than half. This means that installation costs are returned directly to your community and local resources. A study done by the Canadian GeoExchange Coalition showed that geothermal systems provide tremendous local economic and job benefits. In fact, geothermal systems do more for local economic benefits than other solutions. Geothermal is simply a better option for local economic and energy security.
Geothermal systems can positively impact the quality of the air you breathe in-doors. Multi-storage units do not overheat or overcool the air and provide a consistent humidity level. EarthPoint systems are matched to energy recovery ventilation and efficiently use fresh, outdoor air. Classroom units have energy recovery built into them.
Geothermal heat pumps produce zero GHG emissions on site. Thanks to high efficiency and lower consumption of electricity, they also produce less GHG emissions from offsite sources. If you purchase electricity from renewable or nuclear sources, your system can be virtually carbon-free.
The reduction of GHG emissions can be quantified and used to promote Green Buildings and living standards. Attract green-minded customers. Educate children about being environmentally responsible. Reduce your carbon footprint.
Geothermal systems provide heat to areas at temperatures closer to the ambient space temperature. Combine this with the ability to size the system to the needs of the space, and an EarthPoint system creates a more comfortable environment with fewer temperature swings.
A typical EarthPoint system is installed indoors, out of the elements. This not only improves the longevity of the equipment, but maintenance staff will not be exposed to the dangers of servicing equipment on rooftops.
EarthPoint systems do not require the combustion of gases or liquids in its heating or cooling process. This reduces the risk of fires. Also, they do not produce carbon monoxide.
An average car produces 4 tons of CO² a year (based on 12,430 mpg or 20,000 km per year and 2.4gal/62mpg or 9L/100km fuel economy). A geothermal home will save 2.5-5 tons of CO² a year. "Going geo" is equivalent to taking a car off the road. Now imagine how much CO² emissions would decrease if your place of business was geothermal as well!
Energy security. Environmental benefits. Economic benefits and price security!