RESIDENTIAL GEOTHERMAL SYSTEM
Typical SAVINGS for Long Island Homeowners
... The Savings Add Up!
| Annual usage: kWhr (estimates) |
Ann'l Cost |
Increases |
Geothermal Savings based on 25 years |
| Electric heat |
$5,500 |
Ann'l Increase 4.0% |
$159,802 |
| Oil heat |
$3,000 |
Ann'l Increase 5.0% |
$73,931
(oil & electric) |
| Gas heat |
$2,500 |
Ann'l Increase 4.0% |
$34,864
(gas & electric) |
| Electric for A/C |
$ 1,000 |
Ann'l Increase 4.0% |
|
Geothermal System cost $ 65,000
Geothermal energy savings 40% |
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Homeowner tax credit: 30% of the cost of any geothermal system installed by Dec 31. 2016
NY State tax incentive
Certified solar energy designer, contractor and installer | Exclusively serving Long Island homes and businesses | Licensed and insured | Owner-operated
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