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Geothermal heating system price varies depending on the type of loop system, usually either vertical or horizontal. On average, a typical home of 2500 square feet, with a heating load of 60,000 BTU and a cooling load of 60,000 BTU will cost between $20,000 to $25,000 to install.
By 2016, a Wall Street Journal article predicted that green housing will grow from $36 billion a year to as much as $114 billion. Thatâs approaching 30 to 40 percent of the entire housing market. But a lot of information out there on geothermal heating and cooling is based on outdated information, or outright myths. In our new book Modern Geothermal HVAC Engineering and Control Applications (Egg/Cunniff/Orio-McGraw-Hill 2013), co-authors Greg Cunniff, Carl Orio and I bust many of these myths.