fatpitch2

2 Geothermal Heat Pump Stocks to Consider

Chris B:
Sorry for the delay, I wish SA had a way for me to get notified when one of my comments was replied to ;-/

That price is from a good friend of mine who is in the residential and commerical business for HVAC.

Due to lack of large open spaces, in my area the ground loop is installed vertically in what amounts to a well shaft similar to a water-well with a loop of tubing in it. one well shaft is required for each ton or so of capacity - in my case 3.5 tons meant 3 well shafts @ 6K+ each for drilling, sleeves, tubing, ..... etc... very disappointing.

If I lived near a pond or if I could use the horiziontal approach it would be less for sure, I do not know by how much.......

On Dec 22 11:39 AM Chris B wrote:

> fatpitch2,
>
> $20k to dig a hole and install some tubing in the back yard? That
> seems kind of high to me. You could rent a backhoe yourself for
> a couple hundred a day! Sounds like you either have no space to
> work with or live on extremely rocky soil. If not, I'd suggest another
> estimate. Sometimes, a highball quote is a contractor's way of saying
> no thanks to a too-small job.
>
> Where I live there are dozens of subdivisions popping up in rockless,
> flat beanfields. Each house has the minimum insulation required
> by code and the cheapest HVAC system available. That's because most
> buyers are more interested in the paint and tile colors than the
> long term cost of operation. If those buyers would wise up, the
> builders would offer what they want. Likewise, if building codes
> improve, expect geotherm to get a look in such applications. That
> might not happen soon, but you can't go wrong investing in already
> profitable companies that have that possible upside.