Geothermal FAQ

Geothermal FAQ

How much does an installation cost?

The cost of a geothermal system varies depending on a couple of factors such as: size of the home to be heated/cooled, space conditions around the home, system features, ground source that will be supplying the unit with energy (vertical loopfield, open loop system, horizontal loop system etc.) System prices can vary between $13,000 and $40, 000.

What are the benefits of a Geothermal system?

Geothermal systems have very low running costs. Compared to propane your energy bills can be decreased by about 60%. Apart from that, Geothermal systems are very safe as there are no flames or exhausts that could cause dangerous carbon monoxide to enter your home. Many customers value that the geothermal unit is able to heat and cool, eliminating exterior AC systems entirely.

How do I get started with a Geothermal system?

Prior to planning a geothermal system our geothermal technicians will clarify what your individual expectations and needs are and how they can be met.
With your input we will gather all the details that are needed to complete the planning and layout for system installation.

How reliable are the systems and what is the life expectancy of a geothermal system?

The amount of moving parts in a geothermal system is surprisingly small despite its high level of comfort and energy efficiency. Therefore the life expectancy for geothermal systems is an incredible 20 to 25 years compared to 15 to 20 years for conventional furnace and AC systems.
Geothermal systems should get serviced on a regular basis in order to get the most possible years of service out of the system.

Are there any geothermal specific credits or rebates available?

Yes, there is a 30% tax credit available for geothermal systems installed that meet certain efficiency criteria. Ask our geothermal technicians if your local electricity provider offers any additional rebates.

Looking for a price? Get a no cost, no obligation free estimate.

our service area

We serve the following areas

  • Acme
  • Alden
  • Bear Lake
  • Bellaire
  • Benzonia
  • Boon
  • Boyne City
  • Boyne Falls
  • Brethren
  • Buckley
  • Cadillac
  • Central Lake
  • Charlevoix
  • Copemish
  • East Jordan
  • Eastlake
  • Eastport
  • Elk Rapids
  • Ellsworth
  • Elmira
  • Falmouth
  • Fife Lake
  • Filer City
  • Frederic
  • Gaylord
  • Grawn
  • Grayling
  • Harrietta
  • Interlochen
  • Kaleva
  • Kalkaska
  • Kewadin
  • Kingsley
  • Lake Ann
  • Lake City
  • Mancelona
  • Manistee
  • Manton
  • Mc Bain
  • Merritt
  • Mesick
  • Old Mission
  • Onekama
  • Petoskey
  • Rapid City
  • South Boardman
  • Thompsonville
  • Traverse City
  • Wellston
  • Williamsburg
Our Locations:

GeoFurnace Heating & Cooling, LLC
886 Us Highway 31 S
Traverse City, MI 49685
1-231-668-6733
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