If your concerned about the company that installed the furnace going out of business, look around and see if there are any other certified dealers in the area to work on it. I looked up WaterFurnace and found 5 dealers within 50 miles of the little town I live in. It's population tips the scales at just under 2000 people.
Geo systems are not new. It's actually fairly simple, fairly old tech. They're just more popular, and competitive, now because of the high energy prices for oil and gas. I don't see those prices going down anytime soon and do see them rapidly increasing as the economy heats back up. Eventually, anyway.![]()
I live near a fairly large metro area, as in several million folks within a 1 hour drive from me and there aren't all that many around here. I don't know if it is payback, humidity, or just lack of interest but there aren't that many around my area. And of those that are around, most want several $$$ up front to do a calculation... And don't get me started on doing calculations...
Agreed. These systems are fairly simple and old-tech, all things being equal. And you are correct about them being more competitive since there are more of them around, at least in certain markets... But, from my research, I've found that they are pretty much all about the same price, pound for pound, so to speak, or within a few dollars of each other. Maybe a cartel or something? As far as them rapidly increasing, I think it could go either way. It could be like some items where demand dictates a price or it could go like a lot of tech items where it actually goes down as more people get into the market with "newer" systems or just the fact that they have to lower prices to get more business... Time will tell.