IGSHPA Certified Residential Geothermal Designer (CRD)

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What is a common range for simple payback periods for residential geothermal heat pump installations in the US after applying federal tax credits?

5 to 15 years depending on local energy prices, load, and installation cost Less than 1 year in all US climates 30 to 50 years making them economically unattractive Exactly 7 years for all installations

Correct Answer:

5 to 15 years depending on local energy prices, load, and installation cost

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