DX Geothermal
Electricity Focus: Solar PV
Project Description: This is a single two stage 5.0 ton direct exchange geothermal ground source heat pump project. A single unit to cover the entire living area of the home.
Key Metrics & Outcomes
Initial Capital Investment: 84405
Incentives: Tax Credits
Tax Credits: 26322
Other Incentives: Con Edison Rebate 30000
Operational and Maintenance Costs: forecasted 50% reduction for summer and breakeven for winter (this was a natural gas heated home)
Lifetime Cost Savings: N/A
Payback Period: 5.5 years (estimated 4,000 savings per year combined with solar
Amount of Energy Produced or Saved (kWh, MWh, etc.): 7,285
Efficiency Improvements (e.g., % increase): 40%
Financing Details: Cash Investment
Lessons Learned & Best Practices
References and Sources
Project Details
Project Address: 7 Newton Ct
Start Date: 20250520
Completion Status: Completed
Completion Date: 20250811
Company/Organization Involved: Geothermal Works, Inc.
New Construction or Retrofit: Retrofit