Quote:
Originally Posted by The kitchen guy
Hi Chasedawg:
The heater is built into your equipment. You are right about the quiet system with no fumes but you are using fossil fuels, coal and nuclear to heat your house. You have to understand where electricity comes from - whatever is feeding the grid. Just because you cant smell it does not mean its not being used.
The wells required for Kingswood cost millions of dollars. It was a ridiculous waste of money at the taxpayers expense and a poor example for the point. The system will never make a return on the investment but we will be paying for it for years to come. Sorry but that system is a sore spot with me.
Was your house built for the system or did you retrofit? You put yours in at the right time to get the credits and rebates.
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I went to many meetings during the planning and building of Kingswood and one thing that sticks out in my mind is when the Chair of the Building Committee Ernie Brown explained that though the geothermal system is expensive to install initially, it will have a relatively quick return on the investment. He said that according to current costs it will only take
seven to eight years to payback, after which the school and taxpayers will benefit from the system's lower operating cost.
Was "Ernie Brown" wrong?
Evidently you have done some research about the difference in costs for heating and cooling systems for Kingswood other than geothermal. Could you share this data with us and give a comparison as to how much money Kingswood would have saved if they went your way.