Energy Innovation of North Carolina, LLC
Energy Star Rated REDWOOD Direct DX Heat Pump Specialists
Did you ever wonder what it would be like to own an oil well? In a sense you already do. Only a few feet underground, the temperature is nearly constant as energy from the center of the earth flows to the surface. This energy can be harvested using a ground source REDWOOD Direct Exchange System to heat and cool your home and supply your hot water needs.
Best of all, both the federal and state governments will help you develop this resource by providing tax credits for installing these systems. Because of the Energy Innovations of North Carolina unique Geothermal and Energy Star characteristics of the ground source heat pump, the federal government will provide 30% and the state of North Carolina will provide 35% of the cost as tax credits to qualifying individuals. (Please consult your accountant to see how this can help you.) Ask us if you may also qualify for a long term, low interest loan.
Fuel costs for propane and fuel oil are compared to the cost of heating with a ground source heat pump by converting to cost per BTU.
| | Propane | Fuel Oil | Geothermal |
|---|
Material Cost | $3.37 per gallon | $1.89 per gallon | $0.11 per kWh |
|---|
Cost per BTU | $4.00 per MM BTU | $1.47 per
MM BTU | $0.90 per
MM BTU |
|---|
A Ground Source Heat Pump is so efficient that in typical applications it will replace propane, fuel oil, and electric heat for 1/3 to 2/3 the cost of those energy sources. That’s why this appliance bears the Energy Star from the US government.
A typical homeowner could save approximately $100 to $200 per month on heating and cooling bills of $300 while generating hot water at practically no cost during the summer.
Using the ground instead of the air makes the system more reliable (less maintenance) and more efficient. On cold winter days, just a few feet down the ground is a steady 62ºF. In the same way, on hot summer days when the air conditioner is laboring to push heat out into already hot air, the ground is cool by comparison. In the summertime hot water is virtually free because the system recovers heat from the house to heat water.
An especially important feature is that the entire system is either underground or inside protected from the corrosive effects of weather, chemicals or salt air. Ground source heat pumps are safer than combustion systems because there is no flame and no potential for carbon monoxide formation.