4 Secrets Heating Oil Companies Don’t Want Homeowners to Know
Many homeowners heat their homes with traditional heating oil, but because of recent technological advancements, there is a cheaper, more efficient way to heat and cool your home: geothermal ground source heating.
In recent years, groundbreaking innovations in drilling technology and installation techniques have made geothermal heating and cooling cost effective and accessible to homeowners in the Northeast. If your home qualifies, it’s possible to completely eliminate your monthly fuel bills all while reducing your home’s CO2 emissions by up to 80%.
Combustion furnaces are an expensive, inefficient and outdated technology. The heating oil companies are doing everything in their power to hide these alternative heating and cooling systems from you.
Here are 4 secrets the Heating Oil Companies don’t want you to find out:
1. Geothermal is the Most Energy Efficient Heating & Cooling System Available
The U.S. EPA called geothermal heat pumps “the most energy-efficient, environmentally clean, and cost-effective systems for heating and cooling buildings.”
A typical furnace creates heat by burning oil or gas in its combustion chamber, whereas a geothermal heat pump harnesses the consistent 55 degree temperature in the ground.
Because geothermal heat pumps don’t create heat — they just transfer it — they are on average 400% efficient. Even the most efficient combustion furnaces are only 95% efficient. The increased efficiency with geothermal equals major cost savings for homeowners who qualify.
When you consider that heating, cooling, and hot water accounts for 63% of home energy consumption, the cost savings begin to add up with the additional efficiency offered by a geothermal system. Dandelion’s hyper-efficient 2-in-1 heat and central AC system can result in energy savings of 50% a year for homeowners.
2. There are Huge Tax Incentives for Homeowners who install Geothermal
Due to the fact that Geothermal systems are the most efficient heating and cooling systems available, the government enacted geothermal tax credits at the federal, state, and utility levels.
The benefits of Geothermal were so important the Federal Government recently passed a new law extending the tax incentives:
What does that mean for homeowners like you?
The payback period on your initial investment is shorter and you’ll have even more money in your pocket from the savings generated by your geothermal system.
3. Politics and Oil Cartels Affect Your Monthly Fuel Bill
Oil and gas pricing is subject to supply and demand and impacted by the political landscape. In 2020, the oil market’s volatility reached an all-time high.
Decisions made by foreign oil cartels like OPEC will determine the amount you’ll pay to fill up your car or heat your home. To become energy independent, homeowners can upgrade to a geothermal system that utilizes the earth’s natural heat, an abundant resource that significantly reduces carbon emissions.
You’ll gain huge peace of mind when you stop relying on oil, fuel, and natural gas. Geothermal is the easiest way to combat unpredictable fuel costs and rising heating bills. In fact, it’s the only type of system that will pay you back.
4. Combustion Furnaces Require Major Upkeep
Simply put, heating oil is inconvenient and requires continuous maintenance. Every homeowner who has a heating oil tank has to check in on their tank, gauge to see how much oil is left, and think about when to order the next delivery.
Furthermore, yearly maintenance and service calls add significant costs over the lifetime of a combustion furnace. On average, conventional furnaces last anywhere between 15 and 20 years, while central air conditioners last 10 to 15 years. One or two maintenance visits a year will put a huge hole in your pocket.
Geothermal systems, on the other hand, require little maintenance and last significantly longer than conventional equipment. Geothermal heat pumps last between 20 – 25 years while the ground loops last 50+ years. Maintenance on the Geothermal system requires a new air filter every six months which takes less than two minutes to replace.
Investing in a convenient 2-in-1 Geothermal system saves homeowners precious time and money over the long haul.
Start Saving Today
See how much you can save on your annual energy bill. Make the switch to geothermal for as little as $0 down and $150/month.
- Dandelion Energy Expands Access to Residential Geothermal to Massachusetts
- Join Dandelion for a Ribbon Cutting Ceremony to Celebrate the Opening of our Base of Operations Serving All of Connecticut
- 5 Reasons Now is the Right Time for Geothermal
- Does a Geothermal Heating and Cooling System Impact Home Value?
- Dandelion Energy Celebrates New Tax Credit for New York Homeowners Who Install Geothermal Systems