I just wanted to let you know the performance of the new geothermal system that you installed in our vacation home in October 2010 has greatly exceeded our expectations! Evans Heating & Cooling did a super job of sizing and installing the new system. All of the work plus the cleanup was done in a timely and professional manner.
With the propane furnace gone, my son and I encapsulated the crawl. The cost to run our old furnace and electric hot water tank was about $2,000 for the 2009-2010 heating season and we set the thermostat at 55 degrees when we're not there. This season we expect our electric bill for both geothermal and hot water to be about $500. The combination of converting to geothermal and encapsulating the crawl space we realize about $1,500 in savings this year.
In terms of the pay-back period, by being able to take advantage of the federal and state geothermal tax credits and considering the likelihood of future propane cost increases, we estimate it will take about 6 years to recoup our investment.
We never had air conditioning before and after last summer we will certainly welcome it this year.
We could not be more satisfied.
Thanks again for all you did.