ᐅ Heating Systems: Should You Rent or Buy Geothermal Heat Pump Probes?
Created on: 3 Jan 2008 14:55
M
mikeI now have the option to either purchase the geothermal heat pump system outright or, for example, rent it through the EWZ.
Of course, I believe it would probably be cheaper in the long run to buy the system directly. But then I would likely also need to have a maintenance contract, which I wouldn’t have to worry about if I rented it.
What would you advise me in this situation?
Of course, I believe it would probably be cheaper in the long run to buy the system directly. But then I would likely also need to have a maintenance contract, which I wouldn’t have to worry about if I rented it.
What would you advise me in this situation?
Hello Mike,
In my opinion, a geothermal heat pump is the best option when it comes to heat pumps! Whether renting or buying is better, I can't say for sure. How much does the heat pump cost monthly? A heat pump with a ground probe, etc., typically costs around CHF 35,000–40,000.
You could calculate yourself whether renting is more economical or if buying is the better choice.
C u
In my opinion, a geothermal heat pump is the best option when it comes to heat pumps! Whether renting or buying is better, I can't say for sure. How much does the heat pump cost monthly? A heat pump with a ground probe, etc., typically costs around CHF 35,000–40,000.
You could calculate yourself whether renting is more economical or if buying is the better choice.
C u
Hi Globe
I just finished reading the entire contract—almost 20 pages! It’s actually not a rental agreement but a payment installment contract.
I would have to pay around CHF 3,000 per year, including domestic hot water, and then after 15 years, I would have to buy the system at the residual price plus an additional charge.
That basically means that if I had the money available, it would be much better or more cost-effective to buy the whole system outright! Makes sense, of course...
How does maintenance work for a system like this? Because that wouldn’t be included with the purchase, only with the rental.
Best regards, mike
I just finished reading the entire contract—almost 20 pages! It’s actually not a rental agreement but a payment installment contract.
I would have to pay around CHF 3,000 per year, including domestic hot water, and then after 15 years, I would have to buy the system at the residual price plus an additional charge.
That basically means that if I had the money available, it would be much better or more cost-effective to buy the whole system outright! Makes sense, of course...
How does maintenance work for a system like this? Because that wouldn’t be included with the purchase, only with the rental.
Best regards, mike
B
bäuerlein3 Jan 2008 15:10Hello,
I didn’t even know that these systems could be rented?! Perhaps it is an alternative, but only if you want to spend the money on something else (e.g., a bigger house or similar) and you are sure that the additional costs for the so-called "repayment" fit well within the budget.
Is it also possible to buy a heat pump from other energy suppliers? And does this apply only to ground-source heat pumps or generally?
Best regards
I didn’t even know that these systems could be rented?! Perhaps it is an alternative, but only if you want to spend the money on something else (e.g., a bigger house or similar) and you are sure that the additional costs for the so-called "repayment" fit well within the budget.
Is it also possible to buy a heat pump from other energy suppliers? And does this apply only to ground-source heat pumps or generally?
Best regards
At the end of 06, we received a letter from Stiebel Eltron (since my current heat pump is from them) stating that a new material regulation will come into effect as of 01/2007, according to which heat pumps containing more than 3 kg (6.6 lbs) will require a building permit / planning permission and must be periodically checked for leaks.
Of course, they also immediately offered me a maintenance contract for this – how selfless 🙁
Of course, they also immediately offered me a maintenance contract for this – how selfless 🙁
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