A geothermal heat pump can save up to 32% of the annual heating and cooling bills of a certain home in the northeastern US In this region, the yearly cost of conventionally heating and cooling 2,000 square foot house is about 12,800 W federal tax credit of 30% on the total installation of the systur, how much can a homeowner afford to spend for a geothermal heat pump If the Interest rate is 6% per year? The expected ite of the heat pump is 17 years Click the icon to view the Interest and annuity table for discrete compounding when per year The maximum amount a homeowner can afford to spend for a peothermal heat pump la s Round to the nearest dollar)