Geothermal vs. Electric: Which Heating Option Is Cheaper?
When it comes to heating your home, you have two main options: geothermal or electric. Both offer benefits, but which one is more cost-effective? To answer this question, we’ll need to look at each option separately.
Geothermal
Geothermal heating systems use the natural heat in the ground to warm a house. This requires an underground loop filled with a special fluid, which captures the energy and transfers it into your home.
While geothermal systems are more expensive to install, they offer significantly lower energy bills over the long run. This is because the energy used to heat your residence comes from renewable energy sources.
Plus, geothermal systems require very little maintenance and last much longer than electric systems. However, when maintenance is necessary, it can be a bit pricey due to the specialized parts and equipment needed, so it’s important to factor that into your decision-making.
Electric
Electric heating systems use electricity to heat up coils, which warm the air in your home. This option is typically much cheaper to install than geothermal, but it’s also not as efficient. That means you’ll likely spend more on your energy bills in the long run.
Furthermore, electric systems also require regular maintenance and cleaning, which can add up to significant costs. Additionally, electric systems generally last less than 15 years, whereas geothermal systems often last several decades.
Which Option Is Cheaper?
As you can see, there’s no clear-cut answer to this question. It all comes down to your current budget and what you’re looking for in terms of efficiency, maintenance costs, and lifespan. What geothermal systems lack in upfront affordability, they make up for in lower energy bills over the long run, while the opposite is true for electric systems.
When you turn to 1st Choice Service Group Heating & Air for your heating needs, we’ll help you weigh all the pros and cons of each option and make an informed decision that best suits your budget and long-term goals. Located in Asheville, NC, we serve homeowners throughout western North Carolina, providing top-quality heating, cooling, and electrical services for year-round comfort. Contact us today to get started!