I have a cousin who has had a geothermal system from a shallow 30' well with the discharge water running into a ditch. It was installed about 20 years ago, and I believe that he had a new compressor installed this year. His house is a remodeled one hundred plus year old house, and he is happy with the system.
I seriously considered a geothermal system when I built my country home about 4 years ago. I have a ten acre pond about 100 feet from the house, so the loop could be sunk in the pond rather than buried. The best estimate I got was about a $10,000 premium over two air to air heat pumps. As best I could tell, the additional cost was mostly additional profit for the installer. I opted for the air to air heat pumps and am very glad that I did. I am heating/cooling 2200 sq. ft. and guess that the heating/cooling part of my electric bill (not counting the flat connection fee, lighting, water heating etc.) is less than $500 per year. (The house has 2X6 walls, good insulation, good windows, etc.) I'm sure that geothermal would use somewhat less electricity, but the savings would not have paid for the additional cost over the life of the equipment.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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