Geothermal heating and cooling can lower energy use, improve comfort, and reduce dependence on oil, propane, and other fuels.
Laury Heating Cooling & Plumbing has installed more than 200 geothermal systems throughout South Jersey. The upfront cost is often the biggest concern. However, current New Jersey rebates and financing make geothermal more affordable for South Jersey homeowners.
Geothermal Rebates Cover Up to $2,500
Qualifying Atlantic City Electric customers receive a rebate equal to 50% of eligible geothermal project costs, up to $2,500.
That can make a major difference in the final installation cost.
Visit the New Jersey Ground-Source Heat Pump Incentives page for a broader overview. Eligibility depends on:
- Your electric and gas utility
- Your current heating fuel
- The equipment being installed
- Your household income
- The total project cost
Zero-Percent Financing Available
Some New Jersey homeowners may qualify for 0% financing up to $25,000, with terms of up to seven years.
This does not reduce the cost like a rebate. However, it can make the remaining balance easier to manage.
Instead of paying the full cost at once, qualified homeowners may be able to spread payments over several years without interest.
Current financing details are available through the Atlantic City Electric residential financing program.
Credit approval and program requirements apply.
Geothermal Can Reduce Exposure to Fuel Price Changes
Energy prices can be unpredictable.
Oil, propane, natural gas, and electricity costs can all increase. Geopolitical events, supply problems, and changing demand can cause prices to move quickly.
Geothermal does not remove electricity costs. The system still needs electricity to operate. However, it uses the stable temperature underground to move heat instead of creating all of it by burning fuel.
That can reduce the amount of energy needed to heat and cool a home.
For South Jersey homeowners using oil, propane, or electric resistance heat, geothermal may provide more predictable long-term operating costs.
The value is not based on guessing what oil will cost next month. The value comes from using less purchased energy year after year.
One System Provides Heating and Cooling
Geothermal systems can provide both heating and air conditioning.
This matters when comparing costs.
A homeowner may compare geothermal with the price of replacing only a furnace or boiler. However, many homes also need a new central air conditioner.
When both systems are aging, geothermal may replace two major pieces of equipment with one complete heating and cooling system.
Geothermal may be worth considering when:
- Your heating system needs replacement
- Your air conditioner is also getting older
- You use oil, propane, or electric heat
- You plan to stay in your home
- You are building, renovating, or adding space
- You want lower long-term energy use
Comfort Is Another Major Benefit
Geothermal systems are designed to provide steady, even temperatures.
They can also operate quietly. There is no standard outdoor air-conditioning unit running beside the house.
Many homeowners also like avoiding fuel deliveries, outdoor tanks, and combustion equipment.
The underground loop is built to last for many years. While the indoor equipment will still require maintenance and eventual replacement, the loop can remain part of the property for decades.
Learn more about how the system works on our South Jersey geothermal heating and cooling page.
Is Geothermal Right for Your South Jersey Home?
Laury Heating Cooling & Plumbing has served South Jersey since 1945. As a WaterFurnace GeoPro, our team has specialized training and experience with WaterFurnace geothermal systems. We can inspect your home, review your current equipment, and explain whether geothermal makes financial and practical sense.
We can also help identify available rebates and financing programs that may apply to your project.
Contact Laury Heating Cooling & Plumbing for a free geothermal quote and find out whether a geothermal system is a good fit for your South Jersey home.
