Geothermal vs Propane Calculator

Compare geothermal and propane costs in one clear tool. Enter prices, demand, and equipment assumptions. See savings, payback, emissions, and yearly differences very fast.

Calculator Inputs

Example Data Table

Scenario Heating Load Geothermal COP Electric Rate Propane Efficiency Propane Price
Moderate home 70 MMBtu 3.6 $0.15/kWh 90% $2.60/gal
Cold climate home 110 MMBtu 3.8 $0.18/kWh 92% $3.10/gal
Efficient home 45 MMBtu 4.1 $0.14/kWh 95% $2.75/gal

Formula Used

Geothermal electricity: Heating load in MMBtu × 293.071 ÷ geothermal COP.

Propane gallons: Heating load in MMBtu ÷ (0.0915 × furnace efficiency as a decimal).

Annual geothermal cost: Electricity cost + maintenance + carbon cost − cooling credit.

Annual propane cost: Propane fuel cost + maintenance + carbon cost.

Present value: Each future yearly cost is divided by (1 + discount rate) raised to that year.

Simple payback: Extra geothermal upfront cost ÷ yearly savings, adjusted through the yearly projection.

How to Use This Calculator

  1. Enter your annual heating demand in MMBtu.
  2. Add local electricity and propane prices.
  3. Enter geothermal performance and propane furnace efficiency.
  4. Add installation costs, incentives, maintenance, and cooling credit.
  5. Set escalation rates, discount rate, emissions factors, and analysis years.
  6. Press calculate, then review the result shown above the form.
  7. Use the CSV or PDF button to save the result.

Understanding the Comparison

Geothermal and propane systems can both heat a home well. Yet their cost patterns are very different. Propane relies on delivered fuel. Geothermal relies on electricity and ground heat. This calculator compares both paths with common ownership inputs.

Important Inputs

The annual heating load is the starting point. It represents the useful heat your home needs. A larger home, colder climate, or weak insulation raises that load. The geothermal side uses coefficient of performance. A higher value means more heat from each unit of electricity. The propane side uses furnace efficiency. A higher value means less fuel is wasted.

Upfront cost matters too. Geothermal often costs more at installation. Ground loops, drilling, or trenching can add expense. Incentives can reduce that first cost. Propane equipment often costs less at the start. However, fuel cost can change the long term result.

Reading the Results

This tool estimates annual energy use, yearly operating cost, emissions, and payback. It also applies maintenance, cooling credit, fuel escalation, electricity escalation, and discount rate. These options help create a fuller ownership view. You can test optimistic, normal, and conservative cases.

Simple payback shows when extra geothermal cost may be recovered. Present value savings show a broader financial result. A positive value means geothermal is estimated to save money over the selected period. A negative value means propane remains cheaper under your assumptions.

Planning Tips

Use realistic local prices. Electric rates and propane delivery prices vary widely. Heating loads also vary by climate and building quality. Ask contractors for firm installation estimates. Review utility bills. The calculator is not a replacement for a professional audit. It is a planning aid for early comparisons.

For best results, run several scenarios. Try current prices first. Then raise propane escalation. Try a lower geothermal performance value. Test a higher repair allowance. These checks show how sensitive the choice is. The best system is not always the cheapest one. Comfort, reliability, space, emissions, and service access matter. A clear comparison helps you discuss bids with confidence. The example table gives sample assumptions. Replace those values with local quotes. Seasonal service, fuel delivery fees, panel upgrades, and loop design can change the answer. Keep notes when comparing contractor proposals.

FAQs

What does this calculator compare?

It compares geothermal and propane heating by energy use, yearly cost, upfront cost, emissions, payback, and present value savings.

What is heating load?

Heating load is the useful heat your home needs each year. It is entered in MMBtu for this calculator.

What COP should I enter?

Use the seasonal COP from your geothermal proposal. If unsure, test several values, such as 3.2, 3.8, and 4.2.

Why is propane efficiency important?

Efficiency shows how much fuel heat becomes useful home heat. A higher value lowers estimated propane gallons and fuel cost.

What is cooling credit?

Cooling credit is estimated yearly savings from geothermal cooling benefits. Enter zero when you only want to compare heating.

Does the tool include incentives?

Yes. It subtracts geothermal and propane incentives from installed costs before comparing upfront cost and payback.

What does present value savings mean?

It discounts future yearly costs into today’s dollars. Positive savings favor geothermal under the entered assumptions.

Should this replace contractor estimates?

No. Use it for planning. Confirm load, equipment cost, utility rates, loop design, and service needs with qualified contractors.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.