The geothermal energy is the heat energy that exists in the interior of the earth. The geothermal energy is a renewable source of energy. By use of initial investment the geothermal energy can be harnessed with the help of the geothermal heat pump. The cost the geo thermal heat pump that is manufactured in order to fulfill the heating and the cooling the buildings costs quite a bit.

The initial investment is pretty large. It differs from place to place, and from manufacturer to manufacturer. However one geothermal heat pump saves about $400 to about $14,000. The geothermal heat pump reduces the overall consumption of the fossil fuels and electricity consumption.

A survey of about 1,000,000 geothermal heat exchange pumps that were installed for the purpose of house or building heating and cooling was conducted. The research showed the some amazing facts about the savings done by the geothermal heat pumps.

Installing 1,000,000 is equivalent to avoiding the release of about 5.8 million metric tones of carbon dioxide in the atmosphere annually. It is also equal to eliminating 1.6 million metric tones of Carbon particles annually. The installation also saves about 8000 GWh. It is also equivalent to saving of 40 trillion Btus of fossil fuels.

Some of the extra facts of elimination of the consumption of fuels are as follows.

The reduction in the consumption is close to taking 1,295,000 cars off road. It is also some where equivalent to planting 385 million trees. The most amazing fact is that about 21.5 million barrels of crude oil is reduced.

If the survey is analyzed from a macro view point then it is found that due to the installation of about 35% to 70% of the fuel costs are saved annually through out the nation.

In many places thermal stations that are powered by the geothermal energy are being developed. The geothermal energy station that produces energy is expected to save electricity production costs that are about 23% of the total cost of the energy that is being produced annually.

Recommended Reading:

1. Saving Money Through Geothermal Heat Pumps - Geothermal heat pumps is system which uses energy stored in earth crust for heating or cooling residential or commercial buildings...
2. Geothermal Heat Pumps - Finding alternative energy sources to meet the increasing demands by the mankind has become the need of the day. Man...
3. The Features Of Geothermal Heat Pumps Final - The geothermal heat pump is also known as the ground source heat pumps. It is a highly efficient source of...
4. Maintainence Of Goethermal Heat Pumps - Also known as GeoExchange, earth-coupled, ground-source or water-source heat pumps, the geothermal heat pumps are efficient energy-saving devices. In use...
5. Geothermal Pumps Used In Federal Buildings - To reduce energy consumption in the Federal buildings governments especially of United States spends millions of dollars annually. The building...