A geothermal system is a sound investment

The graphic below compares the costs*, over a twenty-year period, for heating, cooling and domestic hot water for a standard family home using different energy sources. and. As energy costs increase, your savings increase year after year thanks to your geothermal system. A very good and safe return on your investment.

* Based on average energy costs in Quebec - 2005-2006 Winter

 

Comparative annual energy cost* estimates for a single family home:

* Based on average energy costs in Quebec - 2005-2006 Winter

EXAMPLE: ECONOMICAL RETURN STUDY FOR A STANDARD SINGLE FAMILY HOME

The tables below present a detailed heating cost comparison for various energy sources. Calculations were conducted based on an annual electric bill of 2,500$ for a family of 4. Calculations also include the incremental financing costs of a geothermal system (installation included) of 737$/year over a 20-year period. 

Click here to download a detailed "Economical return study" in printable format (document is in French)

	Electric Heating	Oil	Natural Gaz	Standard Air Heatpump	Geothermal
Annual operating costs (approx.)	1,900$	2,155$	1,723$	1,583$	613$
Annual increase	57$	65$	52$	48$	18$
Annual energy costs for heating	1,957$	2,220$	1,775$	1,631$	631$
Total (with taxes)	2,262$	2,565$	2,051$	1,885$	730$

Savings as of year 1: 1,155$
Net savings after financing costs: 418$

 

SAVINGS GENERATED BY A GEOTHERMAL SYSTEM OVER A 21-YEAR PERIOD COMPARED TO:

	Before financing costs	After financing costs
Electric Heating	43,932$	29,195$
Oil	52,641$	37,904$
Natural Gaz	37,907$	23,170$
Standard Air Heatpump	33,123$	18,387$