The house I am purchasing has an old windmill well that has been condemned because the casing has rusted thru in several spots so for me to buy the house the seller had to drop the purchase price 4500 to cover the new 5 " well I will have put in. The only additional expense will be that I am having the well man put in a constant flow pump instead of a normal submersible pump and 80 gallon balance tank. The house sits on very course sand which makes it a bad conductor of heat for a closed loop systems but a great drain field for an open loop system. I have been told by 3 different installers that I will be good with 100 foot of 4" sock drain tile, which I am going to put in myself with the hoe. The one guy that gave me an estimate for a 5 ton waterfurnace also gave me a closed loop estimate and it was 6500 more. Unreal that a system could cost 25K. I think they must be jacking up the prices because they know that everyone will be getting the 30% tax credit that takes some of the sting away. I found out neither of the waterfurnace estimates included a desuperheater so that would be another 895. I can't justify 19,500 for a heating system tho, I don't see how it could ever pay for itself.
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