Never pay and depend upon oil or gas ever again.
There is a higher upfront cost with Geothermal – typically 30% over traditional heating and cooling installations – but you will never have to pay for oil and gas again. And with an 8 year pay back, some generous rebates from LIPA and a 30% tax credit from the federal government, Geothermal seems an obvious and sound investment.
With the downturn in the economy and the cost of utilities at record and unstoppable prices it is becoming a logical solution for many peoples’ energy needs. With the innovative technology and high efficiency of Geothermal units, there is now an overwhelming demand by the financially and environmentally conscious consumer. So why not become one of the many families and local businesses on Long Island who have decided to never pay for fuel or let their tank run dry again? Make the investment not only in your family’s future but in the future of renewable energy production on Long Island.
Incentives.
What makes Geothermal so Efficient?
The efficiency of heating systems is measured by a C.O.P. (Coefficient Of Performance), which is the amount of heat you get for every dollar spent.
For example, the C.O.P. of electric heat is one. For every dollar you spend you get $1.00 worth of heat (1:1) The C.O.P. for a ‘high-efficiency’ gas furnace is .9. That means for every dollar spent on gas, $.90 of the dollar goes into heating the building while ten cents goes up the chimney. (1: .9) With Geothermal heat pump the C.O.P. is 3.5. For every dollar spent you get $3.50 worth of heat. (1: 3.5)
To heat or cool, Geothermal systems move energy from the earth into the building or from the building to the earth. Typically, for every dollar spent in a heating/cooling system, 70% goes to create the heat (i.e. by burning natural gas) and 30% goes to moving the heat throughout the building with the use of fans, pumps and blower units.
Federal Government
30% Income Tax Credit on Total Project Cost
LIPA Rebate
- Residential: $1000 per unit