Geothermal heat pumps (GHPs) have a well-earned reputation for being among the most energy-efficient ways to cool and heat homes. The federal government recognizes this and offers geothermal tax credits for any homeowner who installs a qualifying system in a primary or vacation home. These tax credits are available through the end of December 2016.
While geothermal heat pumps are an energy-efficient option for heating and cooling your home, you may find that after a period of time, things don't work as well as they did when the geothermal heat pump was first installed. There are some common issues that you can look for before you call in a professional, and some things you shouldn't try to handle yourself.
For homeowners who want the best and most cost-effective heating and cooling system possible, geothermal heat pumps offer extremely high levels of efficiency and monthly savings on home comfort expenses. They can be as much as 50 percent more energy efficient than even high-efficiency furnaces, and can reduce your seasonal heating and cooling bills by as much as 70 percent. In addition, geothermal heat pumps run quietly and cleanly, they waste very little energy, and they are very environmentally friendly, producing no harmful exhaust or emissions.