By the Numbers
Geothermal By the Numbers
Your Genz-Ryan geothermal expert will provide you with an estimate based upon your needs and your home’s exact specifications. The example below is typical of the savings and payback you can expect.
Home Specifications: 3,200 square feet approximately 10 years old.
Electrical Service: Off-Peak Geothermal Electrical Service
Household Income: $70,000
Your Genz-Ryan geothermal system comes complete and includes:
- All System Equipment
- All Installations Including Entire Loop System
- All electrical Work Including Installation Of Off-Peak Meter
Save over 40% Now
The trend toward geothermal technology has resulted in extraordinary Federal tax credits, service supplier rebates and the unprecedented ‘dollar-for-dollar’ Federal Stimulus Energy Tax Incentive* where homeowners are now reimbursed 30% of the cost of a geothermal system. Using these numbers, you receive a rebate of $10,400. That’s over 35%!
| Total cost of Genz-Ryan Geothermal System: | $28,000.00 |
| Electrical Rebate: | $(2,000.00)* |
| Federal Stimulus Energy Incentive: | $(8,400.00) |
| Total Adjusted Cost Of System: | $14,800.00 |
• Rebates range from $900 to $2,000 per home.
Real Energy Savings
Financing has been made easy, too. Carrier, the geothermal industry leader, offers 12 months same as cash financing. In addition, low interest loans have been made available from a variety of sources that not only recognize the value of geothermal technology but also desire to help the homeowner do their part in reducing their environmental impact.
| Estimated Utility Savings Per Month: | $150.00 |
| Estimated Utility Savings Per Year: | $1,800.00 |
| Estimated Payback In Years: | 9.7 Years |
*Based on interpretations of the American Recovery and Reinvestment Act of 2009 you may be eligible for the above mentioned tax credits. Consult with your tax professional to determine your eligibility.
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