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Old 11-16-2010, 06:27 AM   #3
Belmont Resident
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Join Date: Apr 2004
Location: Belmont NH but prefer Jackman Maine
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Default Works great

I worked on a new house that went the geothermal route about 3-4 years ago. He loves it to this day. There are some drawbacks but they can be discussed with a rep.
I believe he averages about $1100 a year; this includes heat, AC and hot water for a 7000sqft home.
Yes there are or were significant tax incentives in NH for Geo as well as banks being more willing to lend due to the return on your investment. About 8 years is what he figured it to be.
As for backup he has none and I see no reason to have one unless I'm missing something. Maybe a generator for power loss but a backup heat source?
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