Green Facts about Geothermal Heat Pumps

There are ~85,000 GHPs installed annually across the United States, at an average 3 tons capacity each, for a total of 255,000 tons of new GHP capacity every year.

    Average efficiency of new GHP systems is 400% (COP4). 75% of GHP thermal production is renewable energy from the Earth.

    Annual GHP capacity installed in the United States is equivalent to 897 megawatts (MWTH). 75% of that—672 MWTH— is renewable energy from the Earth. That’s equivalent to displacing 3 average coal-fired power plants every decade.

    GHP installations displace the equivalent of 1,242,528 tons of CO2 emissions every year. That’s like taking nearly 220,000 passenger cars off our nation’s highways annually.

    Average residential GHP system installation cost is currently $20,000, depending on building size, heating and cooling load, drilling costs and other factors.

    At current installation rate of 85,000 units annually and an average cost of $20,000, GHPs are a $1.7 billion/year industry in the United States.

    GEO estimates a total of 1.5 million GHP units installed in the United States.

    Total U.S. GHP installations offer energy equivalent to 15,750 MWTH. 75% of that—11,810 MWTH—is renewable energy from the Earth.

    GHP installations in the United States have doubled in the past decade.

GEO believes that U.S. geothermal heat pump demand is poised to explode when construction and the economy rebound.