The propane crisis that has been plaguing the Midwest has finally reached Colorado. Although propane was only $1.67 a gallon two weeks ago, it is now $5.00 a gallon or more. Although prices may fall back down at the end of the winter, they will likely only fall to prices around $3.00 per gallon. Many families in rural areas are going to be facing extremely large heating bills this winter, and are looking for alternatives to help keep their families warm while also saving money. One of the best answers we can offer to these families is geothermal. Geothermal has many benefits, including the following:
· Environmentally Sound: Geothermal is much more environmentally friendly than propane, as it uses heat from the earth to generate heating for your home.
· Cost-Effective: Although the outlay to install a geothermal system is fairly sizable, most families who have had propane heating in the past see a savings of almost 75% on their heating bills the first winter. This was before the rise in costs, so now it would probably be even more. Most homeowners who switch to geothermal from propane report that they see their return on investment in 3-5 years.
· Tax Benefits: There are a lot of tax credits and utilities rebates available for installing a geothermal system. The tax credits are definitely available through 2014, and you will have to contact your local utility company to find out the exact rebates available to you.
If you are interested in getting an estimate on a geothermal system, Sensible Heating & Cooling is the leading geothermal company in the Denver Metro area. We will also work in certain rural areas that are currently dependent on propane, so call us today for your free estimate! Owner Dan Schmied can be reached at 720.876.7166 or via email at [email protected].
