Where it did make sense was when I was getting solar. It was only a few thousand since I already had the trades out and reducing the load was important for the ROI on the panels.
Where it did make sense was when I was getting solar. It was only a few thousand since I already had the trades out and reducing the load was important for the ROI on the panels.
In the US, they are struggling to break out of the eco-luxury product niche (where they have been stuck for a long time).
As for the indoor units, they can either be the "ugly" ones (the indoor head units visible on the wall), recessed "cassettes", or they can use traditional A/C air handlers in a utility room to distribute conditioned air via existing duct-runs and registers.
There are also companies like Quilt that are making heat pump systems with much more attractive indoor wall units.
This isn't exactly new or unique to heat pumps (and some older heat pumps lack both), but as the technology has gotten cheaper and more reliable, coupled with the drive for better efficiency, it has become commonplace.
regardless, this is incredibly cheap
GP still got an amazing deal
After reading some other comments I realize one vital detail is that they were installed in a renovated house that already had suitable holes to the outside and power outlets where the units were going, so the install job was just mounting the units, pulling the tubing and gassing it, no cutting things up or doing electrical work.
The price would at least double if we needed all the holes cut open, and I have no idea what the electrical work would cost.
They’re remarkable, and I would go for a mini-split system over a central unit 100 times out of 100.
In my current home, I have two "heads" attached to a single outside unit, but they cannot operate independently beyond setting different fan speeds or closing the vent really. If one of the mini-splits is set to heat and the other switches to cooling, they will booth start cooling, or vice versa, the head units just blindly blow air over what ever is being pumped through the line and the last unit to send a command to switch mode "wins".
Maybe there are clever heat pumps that truly allow fully independent control of the head unit when connected to multiple heads, but given the flow of refrigerant has to reverse direction completely when switching between heating and cooling, I don't see how they can operate fully independently when they are sharing the same refrigerant lines.
There is only one reversing valve inside the outside unit for all the head units connected to one outside unit in my experience, but would love to see examples of systems that do permit this if they exist.
When the oven is done cooking it can dump heat into the water heater (and or furnace in the winter). The fridge and HVAC could dump heat into the water heater before pumping it outside in the summer.
As opposed to central unit’s all-or-nothing approach.
I got HVAC drop-in replacement quotes ranging from $7k to $14k for what upon some quick research was about $3k in hardware.
[edit] i say that because my hardware is 2.5k euros, so ~3k¯dollars, so we probably have the same high end stuff, and i guarantee you it's not hard to install, and it can be quite fast if you have help from your SO.
Having just installed a mini-split in my office shed with a pre/charged unit. I told him it was easy and helped him. We ended up needing to buy an extra long line set to make the distance work, which needed more refrigerant.
I called 15 different places and finally found one that could come out and charge the line for under $350. Which was hard to stomach with the whole unit costing only $750 from Amazon.
Around here anyway, I was getting quotes of 20k for the install & equipment of a central air handler and the outdoor unit.
I'd be dead before the thing paid for itself in electricity cost savings. $20,000 ÷ (~90yrslife - 40yrsold) = $400 / year of neccesary savings to break-even as my casket is lowered into the ground.
Of course you have exactly one chance with your install this way until you have to call someone.
Average install is about $20K in California (varies by state). Here’s how that usually breaks down:
- Equipment: $3–5K for a basic swap (some go up to $10K for single system)
- Direct labor: $3–4K (about 15–20%)
- Materials: $2–3K
- Permits and testing: around $1K total
That leaves about a 45% margin to cover overhead:
- Indirect labor: $2.5K (installers when not installing, install managers, attending city inspector visits, call backs when installers make mistakes)
- Sales: $2K (around 10%)
- Project management: $500
- Trucks: $500
- Misc costs: $1.5K (insurance, software, payment processing, etc.)
Total overhead: $7K: Net margin: 10%
10% net margin at the end of the year isn't egregious.
That’s how a typical small-mid HVAC shop runs. The best HVAC shops can make these numbers be much more competitive. How do we make it better:
- Bulk order equipment
- Streamline direct labor
- Use virtual site visits instead of in-person sales calls
Do all that and you can bring a $20K install down close to half, while paying installers better and speeding up electrification.
Any chance you can you take on solar next because if we could get a solar system for half the price we'd sign right up. All we hear about is how cheap solar is now, but the labor costs have risen more than any hardware price decreases.
streamline labor: Aligning pay incentives with installers, ensure right parts and materials, make sure customer are not indecisive on the first day, mimic the 15% of installs that are side jobs as much as possible.
Virtual site visits aren't 100%. But allows us to get a price quickly, and check electrical capability. It's a bit of a test for customers, if they are interested in snapping 5 or so photos, they probably won't buy from us.
Half the time, we then go out for a site visit in-person but we're only visiting 50% of the customers. It's less expensive, however our conversion rates go down because we're not winning the customer with our personality, etc.
If we can verify directly from photos and go straight to contract, we send out a install manager to confirm after the signature. Basically, if some giant obstacle that will stops the install, we can cancel at no cost to the customer and we do that all very quickly so they can select another bid if that happens.
Solar is tough, I am a renewable energy engineer from Australia and yes, we can half the cost of solar as seen in Australia. I think Australian are simply less fussy and legally charged than governments and home owners in US and simple installs.
I now believe large central PV will likely be more successful here. 40% of electricity is often coming from solar and wind in CA and we can just keep doing that and we'll be fine.
When I read "aligning pay incentives with installers" I remember this story.
A friend who worked in sales said the union laborers would always insist the job takes more days than it actually took. If he budgeted them for one day because it takes one day, they'd drag ass so they would have to come back the next day to finish, which upset the customer since it was an unexpected delay.
But if he wrote two days into the contract they'd finish in one day and just drag the second day out.
I spent C$40K (about US$30k) on a ground source aka 'geothermal' heat pump to replace furnace powered by propane tank. I kept propane for on-demand hot water and whole house generator. I have no options for utilities other than electricity.
A couple of years later I spent another C$40k for a 20kW rooftop solar system, with net metering and no battery. Net metering was critical for getting any return at all. A battery is next to useless here- I generate almost all of my solar electricity in May-Oct but use the majority of it in Nov-April. Net metering lets me 'store' excess from summer and use it in winter.
Annual costs:
Before:
C$8,000+ propane (heating + hot water)
C$2,500 electricity (cooling + misc)
$10,500 total
With C$40k investment in geothermal heatpump: C$4,500 electricity (heating + cooling + misc)
C$500 propane (hot water)
C$5,000 total.
With heatpump and then C$40k investment in rooftop solar: C$2,000 electricity (heating + cooling + misc)
C$500 propane (hot water)
C$2,500 total.
So I'm seeing about C$8k/yr saving for C$80k investment. The heatpump saved me over $5k a year and the solar about $2,500 a year. The heatpump has pretty much paid for itself after 5 years, the solar will take at least 15 years (unless prices go way up) although should eventually see some return 15-20 years out.In reality it might have cost even more than that to heat with propane. On the propane furnace we barely heated in winter, burned a lot of firewood to make part of the house livable. I'm trying estimate how much it would cost to heat the house to a comfortable 20C (68F) although the thermostat now with the heatpump is set to 22C (72F) in winter so there's an improvement in comfort as well as the ROI.
Compared to say SoCal I generate 2/3 as much per year, much less evenly- a lot more in summer than winter, whereas further south there's less variation year round. Cooler temperatures improve solar panel efficiency too. There are online solar potential calculators if you want to compare for yourself.
If I put $100 into the stock market in approximately seven years I will have $200. If I put $100 into solar panels, in 10 or 15 years, I will have $100 worth of savings. Financially, it is not much better than just putting it under a mattress.
I get that the non-economic parts of solar are pretty much all upside. I’m not saying nobody should do it. Just that they should view it as a luxury, not an economic opportunity. But until the finances work out, it will not achieve widespread adoption, and the finances are a function of how much sun you have and your energy prices.
Those of us up north have little sun and lower energy prices. We would be a lot better off just putting your money in the stock market and paying for your electricity if you were only considering money. That is not true of the American southwest.
I have homes in both Phoenix and Cleveland and I have done the math on both. I actually can’t put solar in Phoenix, I wish I could, it would be a great investment. I could put solar in Cleveland, but I might as well throw my money down the drain. I can’t imagine the math is any better in Canada.
I don't have to imagine, I've actually installed it and I can see the impact on my bills. By most estimates it has a 12-15 year ROI that matches the stock market, and will continue to generate electricity for another 10-15 years after that. The 'math' is a function of many things: orientation, roof angle, occlusion, installation costs, electricity cost, latitude, grants/loans, net metering terms, etc. It's a huge assumption to say that what doesn't work in one location in Cleveland won't work for a property in Canada 2 degrees further north.
I’m guessing you’re not counting the fact that if you buy a stock for $100 you still have the $100 (you can sell the stock) but that’s not true of solar because it’s an asset whose value quickly goes to near $0 as the cost of uninstalling the panels is more than they are worth or nearly so. You’d have to be getting near 20% ROI annually for it to match the stock market in that time frame. A quick google shows that even the Canadians selling solar don’t claim that. You don’t even get that in California, where the panels produce a multiple of what yours will and all of the other factors (incentives, latitude, high energy prices and net metering, etc.) lean toward solar so I’m guessing you’re erring.
Easy to verify though: what was your install cost and how much is it saving you on energy bills?
Your guess is wrong. A better term for what I calculated is the IRR of a series of cash flows. You're correct that stock is a liquid asset, I'm obviously aware that I can't liquidate the panels attached to my roof.
This whole thread got out of hand, I was just giving the anecdote that I saw a much better return on a heatpump than a solar installation. I don't care who believes or doesn't believe my calculations.
> Easy to verify though: what was your install cost and how much is it saving you on energy bills?
A rough estimate is given on my original comment in this thread.
The current Ontario solar grant is weird- it only applies to battery systems without net-metering. They also offered a 10-year interest free loan though so I took that, improves the ROI a little. I think battery systems do make more sense for people who are further sound and using more electricity at the time of year that they are generating it. The solar sales people estimated a 10-year ROI but they had to include a pretty high annual energy cost increase in their calculations (I think 8%/year), I estimated more like 15 years.
I didn't really consider replacement, by all reports the WaterFurnace pump should last 25-30 years and the propane furnace was probably 5 years old so would have lasted about the same. I would think that the WaterFurnace costs a little more to replace, maybe a winter's worth of propane.
Several people told me that ground source heat pumps were too expensive, but years later it still feels like the best investment I've ever made, the gentle heating and cooling is more comfortable too. Anyone with enough space who has to have fuel delivered (propane, oil, etc.) should seriously consider it.
Though, the returns are (edit: "not great") if the figures above INCLUDE net metering revenues.
Heatpump = Negative IRR until y8
Solar = Negative IRR until y16
Heatpump + Solar = 0 NPV through y25 | 8% discount rateFurther north where I am solar can only ever be a small component of total electricity generation due to the dark snowy cloudy winter months with close to zero solar generation for weeks on end.
A cheaper smaller system right sized for summer consumption with a battery would have my second best option, but for me never showed any potential payback due to the fixed costs of installation and the extra battery costs.
Wholesale electricity costs as much as 267% more than it did five years ago in areas near data centers. That's being passed on to customers: https://www.bloomberg.com/graphics/2025-ai-data-centers-elec...
Most likely most of the increase is just temporary though. Electricity supply will increase to meet the sudden and unpredictable increase in demand.
The push for electrification seems like it relies on us metaphorically drowning in excess cheap electricity and want somewhere for it to go but right now the opposite it happening.
Not really, natural gas has immense exposure to geopolitics and the commodity markets: https://www.iea.org/commentaries/what-drives-natural-gas-pri...
There’s also the argument to be made (this has manifested in other countries) that as gas usage wanes and more homes electrify, nat gas costs will increase as the infrastructure costs are spread among fewer and fewer people
AFAIK, the US has a mid-long outlook of gas oversupply. EU's market is broken and has 3x the price (c.f. Henry Hub v. TTF). I haven't seen any major forecasters predict reaching parity anytime soon. Hence, LNG export projects keep getting (over-)built to chase the arbitrage.
This has kinda wonky incentives though - if your fixed costs for gas are high but your marginal costs remain low and for whatever logistical reasons you can't cut the gas connection entirely, then your motivations are to move as much of your heating load over to gas as possible.
This is the kind of thing where a carbon tax is great for sorting out the pricing to match the externalities.
Heat pump water heaters pull heat from the outside. Usually with a split outdoor unit, just like normal A/C and heat pump systems.
I’ve also seen models where the entire system (integrated storage cylinder for the heated water) is installed outdoors, but those are presumably meant for more mild climates.
In any case, they certainly don’t pull heat from inside the house.
You're right about the 8 year negative IRR for the heatpump, although I'm being very conservative about propane costs, it's likely much shorter. I was pretty conservative about the solar savings too, I generally go for the worst case in these estimates.
Your overall NPV calculation seems a bit off. It's ~21 years to zero NPV at 8% discount rate, spending $80 up front to save $8/year. Factoring in the 10 year interest free government solar loan makes it more like 14 years. My working:
=nper(8%, -8, 80)
20.9
=nper(8%, -8, pv(8%, 10, -4)+40)
14.3
The solar system is fun to tinker with and should pay off 'eventually', it's not a no brainer of a decision like the heatpump though.Correct. It's 21y. I missed $500 from a reading error and was assuming $7.5k/y (not $8k/y).
edit: I see your mention of the grant, too. Combined, that's cutting the NPV=0 point in half from 21y to ~12y. Good job.
It also doesn't include the negative externalities because of tragedy of commons. Sadly, these kind of flawed 'financial' calculations are widespread.
What is inspiring from the OPs comment is that this is doable in harsh Canadian winters with negligible solar and it breaks even. Most of the world is living in significantly more sunshine, so it should work out a lot better financially for >99% of the population.
For externalities or immediate health benefits, heatpumps are pretty defensible. However, solar isn't a saint. Rare earth/mineral mining is hazardous plus only a fraction of solar panels are getting recycled properly.
> this is doable in harsh Canadian winters with negligible solar and it breaks even
It's doable alright. OP got subsidies (See comment re: risk free loan and grants). Talk about externalities, this is definitely wealth transfer.
The wealth transfer you are alluding to, it is from the poor (everyone) to the rich (fossil fuel billionaires), isn't it?
Can you please share your definition of "whataboutism?" And explain how bringing up a single alternative (plus flaw) is addressing the critique and NOT changing the subject?
This is pretty much the same as accusing a colleague of insulting you through PR they asked you to review, because there's an added line that says:
class HOLEInstance ...
i.e. obviously they're calling you "assHOLE".- "But wait, it's no such thing; it's a Handle for OLE component instances - it's part of support for COM stuff in those legacy reports..."
- "AHA! See also here, dear readers:"
class HOLEClientSite // TODO: : public HOEComponent?
"Surely, you see how bad my coworker is! They badmouth our customers too, and even call them public harlots! Don't believe their lousy defense that this was a typo, either!"This is what pointing out "whataboutism" and "dog whistles" is. Artificial, cross-cutting pattern that match easily, but don't correspond to any real phenomena.
Weaponized pareidolia.
Adults don't talk like this. The parent shared they would be far less likely to have moved forward without the subsidies. Now, you implied that someone (me) pointing out a tradeoff of solar subsidies must be non-critical of O&G subsidies, yet you provided no proof that I wasn't ALSO critical of O&G subsidies.
Meanwhile, I would love to learn more about the financials of your non-profit, ChargeFoundation.org that has mailing to a residence in Austin, TX. I'm not seeing any 990s.[0] Can you please post your foundation's financial reports on your site?
[0] https://app.candid.org/profile/15315388/charge-foundation-93...
If you believe the externalities of solar are a problem, what do you propose to do instead? Should we subsidize some other alternative? Redirect resources from oil to nuclear? Other?
You're making different/absolutist arguments. Even the most ardent electrification proponents agree that you can't replace downstream chemicals/materials.
As for subsidies, you're thinking too narrow if you feel it necessary to only spend limited government budget on energy to improve lives.
But, its perfectly okay for govt to spend on fossil fuel subsidies? You draw the line when the subsidies are for solar, heatpumps, etc?
> you're thinking too narrow if you feel it necessary to only spend limited government budget on energy to improve lives.
I also did not use the word “only”. Governments are quite capable of doing more than one thing at once. Should governments not consider spending money on energy to improve lives?
Solar cells are made of silicon, not rare earths.
For solar, you need to mine ONCE for 25 - 50 years. Fossil fuels are burnt every second continuously. Perhaps you can do the math if its not obvious?
If this is happening, then you shouldn't be using that furnace/room!
Something beyond the furnace is not configured right.
The problem is likely "between the keyboard and the chair." ;-)
A modern furnace works via a heat exchanger, where the combustion produced pollutants never mix with the indoor air being pushed through. All pollutants are expelled outside via a property functioning chimney. This is one reason why you should have the furnace (and chimney function) inspected annually. Aging heat exchangers will show hotspots before there is a possibility of air being mixed, giving plenty of time to plan for a replacement. Of course there is a possibility of failure, which is why you should have a carbon monoxide detector.
FYI net metering is unsustainable for the grid and policies will probably change (reducing rates for energy, increasing rates for delivery fees to offset the "freebies") as soon as adoption reaches a critical mass.
My local utility is well aware of that, applications for permits to net meter have to be made, and only a fraction (something like 15%) of properties in each area can net meter. Also the government is aware and there are no grants for net metering, only for battery systems.
I’m giving details about my personal system for one property in one location, not in any way making a statement about what works for anyone else.
> My local utility is well aware of that, applications for permits to net meter have to be made, and only a fraction (something like 15%) of properties in each area can net meter.
Okay, that changes things. The way it worked here is that anyone in the country could install solar and get grandfathered into net metering (perpetually), and then at a certain point they decided to cut it off completely. So you have people from before with who have net metering, and anyone installing it later doesn't have it.
People would install 10-20kW worth of solar, overproduced massive amounts of energy in the summer and then in coldest part of winter (with heat pump COP dropping below 2), people expected to draw 4-10kW of power for heating and pay close to nothing all year round.
The government decided that this was unsustainable so they changed the distribution rates. In effect anyone who doesn't have solar pays roughly the same as they did before, but anyone who has net metering pays substantially more than they thought they would when they signed up.
Ultimately I think this is fair but many people felt cheated by this change. I'm assuming the same could happen elsewhere so I wanted to warn others who might be looking at net-metering deals that look "too good to be true".
I wish I'd never mentioned solar nor net metering now- I'm not on some crusade to promote either, I was just explaining the economics of my personal setup.
So this is more or less the exact same position that I'm in in northern New Mexico. We have 6.7kW of ground mount PV; we generate roughly 3x what we need in the summer, and roughly 1/3 of what we need in the winter (air source heat pumps for heat). Overall generation is close to 100% of our annual use.
In some ways I agree with the analysis but there are some mitigating factors. We live in an old adobe home that requires almost zero cooling during summer. For better or for worse, most new construction in the area is stick frame wood construction which even with reasonable insulation requires cooling during the summer. Guess who provides the power for that?
New Mexico is in a good position to combine solar PV with wind and be able to meet base load demand more or less continuously. It likely requires storage facilities that are on the order of 5-7 days of load, which would be enough to bridge most gaps in generation.
Our local utility actually provided two options for metering: one was what you're calling net metering, the other was credits for surplus on a monthly basis, with the credits generally being priced slightly below the purchase cost for the same energy. I would have been happy with either - the latter is perhaps fairer. However, they also stipulated that if you took credits, they could claim your PV as part of their own PV-adoption goals. So we took net metering instead.
At some point our previous system became unsustainable and they were forced to rebalance the rates and those who have solar panels with net metering now pay significantly more than they expected they would. I explained in more detail in a sibling comment.
$20k USD is insane though. I live in Ontario and we paid $12k CAD (pre-government subsidy) for a modern heat pump with a backup high efficiency furnace for when temperatures dip down to -40 or lower.
Honestly, just piling more insulation in the attic and doing an energy audit will probably put the ROI out another 10+ years...
I'm hoping the newer window units that are being rolled out to the NYC market will be good enough to put downward pressure on the outrageous prices in the installation market. Or maybe I'll just dedicate a weekend to DIYing :P
Mini-splits tend to be much cheaper than full installations.
Makes sense for living room tho.
My point tho is - hp’s are not panacea in my use case.
I’d imagine similar in Canada. Either way whenever we discuss energy we should clarify where we post from since circumstances differ wildly.
It would have been nice to do it as one, but the HVAC firm didn’t want to get their hands dirty with my wacky ducting plan, and the duct guy wasn’t licensed to charge the refrigerant lines.
On one side of the coin you have any moron, calling himself a repair man which can and does end in disastrous jobs which can be unsafe. This though has much lower pricing.
The flip side is, basically a protection racket where suppliers only sell to you if you have a 'loicense' and the hurdles required to become said VIP are so high, giving your body to a master tradesman to get a piece of paper over many years and be allowed to practice installing said systems results in a huge shortage of qualified people. Prices then skyrocket.
I wish I could live in a world somewhere in the middle, but as I've seen both ends of the spectrum, they both suck for different reasons.
> I wish I could live in a world somewhere in the middle […]
This world would just be a mixture of both, with many more semi-skilled tradesmen doing many more half-assed jobs, but not having to train as long.
The job is physically difficult and does not provide steady hours. It involves driving long distances each day and working in hot and cold and rainy conditions, in cramped corners, in houses with varying levels of cleanliness.
People with options tend towards other careers, resulting in lower supply of qualified people, and hence higher prices to compensate for the drastically lower quality of life at work.
It is if you do it yourself. You need the stamp to be able to sell your services.
Fixed that for you.
It's insane and really made me look into the DIY installs. Even if I broke 2 of those it would still be cheaper than one professional one.
Solar install is another scam. All those companies want to steer you into a PPA rather than let you buy panels.
The materials they install are small copper pipes and insulation and a 16A capable electric cable and some plastic. Maybe $100-200. I feel like you guys are getting screwed.
My 30 year old central air which covers 1 floor of my home went out recently so I got a bunch of replacement quotes, most vendors I asked for both a traditional central air & a heat pump central air quote.
The quotes were generally 50% more expensive for the heat pump option.
Vendor A: $12.5k AC, $17.7K Heat Pump + extra electrical work for the heat strips.
Vendor B: $8K AC, $11K Heat Pump + they don't think the existing ductwork is sufficient for comfortable heating and would recommend redoing some of it.
And I wouldn't qualify for any tax credits because it doesn't cover full home (there are upper floors without ducts that already are on mini splits & baseboard heat).
Also worth noting the range of HVAC quotes for the same spec cooling in the same home are insane. Every quote I got seemed to widen the range.
Does a split system indeed take so much work? What is so effort-intensive?
4-6 hrs to run electrical,
2-4 hrs to mount condenser,
4-8 hrs for medium line set,
4-8 hrs air handler, duct, platform integration,
1-2 hrs with thermostat and condensate protection,
1-2 hours nitrogen testing and pull vacuum,
1 hr documenting photos for incentive programs,
1 hr spending time educating customer about the system.
Messing up a parts order and figuring out a solution 4 hrs too often.
Total: 28 hrs, or 2-3 days of 2 people depending on the travel from their shop to customers home. I agree. Let's get that down to 12-16 hrs or single day and the best shops and installers can do that.
CA Labor law allow about 6-7 hrs of work on site as installers often have to start at their shop.
$3-4k of labor cost for small-mid size. Best might be be 2-3K labor cost. Minor equipment 1-2K, permit and testing required $1K. Then 50% gross margin is the target, net costs $2.5K indirect labor, $2K sales cost, project management, trucks, insurance, software, 10-20% net margin.
Just added the details in a comment above. https://news.ycombinator.com/item?id=45705876
Quite the racket here in the US. They’re still a luxury product.
I live in the Appalachian mountains, so one would think it should be reasonable labor rates for an area with a middle-low cost of living.
Except that we have a lake the next town over which is entirely covered in millionaire lake houses, so anyone working a trade here can and will charge obscene rates to local, normal people because they can command that rate from a rich transplant that is price insensitive.
You can occasionally find a good, reasonable guy or company still, but you’ll be calling around for days to find them.
Having previously spent a decade in a hot-market (Charleston, SC) you’ll find similar stories, there are plenty of workers in the area, but they’re almost always expecting to charge rates to wealthy price-insensitive transplants.
Heat pumps are still a luxury product here that you only see on new homes or well financed gut remodels, which I think is the problem. As market is largely price insensitive individuals here, there’s no downward pressure.
Edit: it seems that the market has decided that every manufacturer will ship the same cloud garbage and that the community has decided it actually isn't that hard to bypass and replace their wifi modules with ESPHome devices.
I installed a 24k btu one for my recording studio myself. Took me 3 hours. It’s a cheap Mr Cool one, but seems good enough for me and has been problem free. $1300 from Costco.
The quotes I got were $10-30k for one to five head units around my house. Nope!
If I’m going to spend that much I’m going to be looking into geothermal for heating