Springfield, IL Geothermal Installation and Repair Service

Save More on Energy Costs with a Geothermal System

Homeowners across central Illinois are concerned with the efficiency of their heating and cooling equipment. As the biggest consumer of energy in the average residence, HVAC efficiencies significantly impact the price you pay for heating and cooling.

Many wonder what the most efficient option is among HVAC systems – hands down, it’s geothermal. They’re about four times more efficient than traditional HVAC equipment. When you replace your old HVAC system with a geothermal system, you stand to save 30 to 70 percent on annual heating costs, as well as 20 to 50 percent on annual cooling costs! 

On average, geothermal HVAC systems save users several hundred dollars each year on energy costs. With savings like that, the system pays for itself over a matter of years.

When you hire us, we offer:

• Honest, upfront pricing
• Same-day friendly service
• 100% guarantee on our work

How Do Geothermal Systems Work?

Geothermal systems utilize the Earth’s natural heat energy for home space heating and in some systems, water heating, too. The system is comprised of a geothermal heat pump and a component called the ground loop, which is a network of buried pipe that is fluid-filled. 

• To heat homes, the ground loop absorbs heat from within the Earth and its fluid cycles to the heat pump. Components of the heat pump transfer this heat to the air, which is circulated into your living areas by the air handler in your home.
• To cool homes, the heat pump absorbs excess heat from the air inside. This heat is transferred to the ground loop fluid, and the ground loop releases it within the Earth.

Federal Rebates and Tax Credits

When you purchase and install a qualifying geothermal HVAC system, you are eligible to claim a federal tax credit equal to a portion of the system’s costs. This tax credit helps significantly lower the expense of this technology and encourages homeowners to make more sustainable choices at home.

Currently, federal tax credit savings for geothermal HVAC systems are as follows:

• For systems placed in service between January 1, 2017 to December 31, 2019, 30 percent of total system costs
• For systems placed in service during 2020, 26 percent of total system costs
• For systems placed in service during 2021, 22 percent of total system costs

There is no limit to the dollar amount that can be claimed. Tax credit savings decrease each year you wait, and there is no guarantee that this tax credit will be reinstated after it expires. Don’t miss your opportunity to cut 30 percent off ALL system costs – MB Heating & Cooling helps you get started today!

Homeowners who purchase and install geothermal heating and cooling systems at their Central Illinois homes may also qualify for rebates through their utility providers and other local programs. Check with your provider to learn about the additional savings that may be available when you choose geothermal heating and cooling.