Falk Drilling Inc provides installation, repairs, and maintenance for water wells and geothermal wells throughout North Dakota, South Dakota, and Minnesota.
Frequently Asked Questions About Falk Drilling Inc
Can geothermal well drilling reduce my heating and air bill?
Installation costs are offset by reduced electric/gas bills and often by tax incentives. Geothermal heat and air conditioning systems require about half of the amount of electricity that is required by conventional systems. Geothermal offers the most cost-effective technologies for regulating your home's temperature. Compared to regular HVAC, these greener systems can reduce your bills by 40 to 70 percent.
What are the advantages of geothermal heat, air, and water heating?
Advantages include:
- Lower energy bills
- Potential to qualify for special financing through manufacturers, utility companies, and lending institutions
- Possible utility company and tax incentives
- Reduced maintenance costs
- Very quiet (no noisy fans) and environmentally friendly systems
How deep is the average geothermal well?
Geothermal wells are typically anywhere from 150 to 400 feet deep, with some wells going to 600 feet for larger commercial projects. Under normal circumstances, your residential geothermal well will not be less than 150 feet deep. A 200-foot well can normally provide about 500 sq. ft. of heating or cooling area.
How long does geothermal drilling take?
Many factors, such as the nature of the soil and the length and depth of the pipes, affect the process, but the installation of a residential geothermal system typically takes about 2 days.
Is there a federal tax credit for geothermal?
The Geothermal Tax Credit, filed through Form 5695, covers expenses associated with the installation of ground source heat pumps. This includes labor, on-site preparation, equipment, assembly, and the necessary piping and wiring used when connecting the system to the home.
How does a 30 percent geothermal tax credit work?
For example, a homeowner who installs a $26,000 geothermal heating system can take 30 percent of the cost of the unit and installation and deduct it from his or her taxes. In this case, the credit would be $7,800 and the actual cost of the new heating system would be $18,200.
What services does Falk Drilling Inc provide?
Falk Drilling Inc provides installation, repairs, and maintenance for water wells and geothermal wells throughout North Dakota, South Dakota, and Minnesota.
What are the typical business hours for Falk Drilling Inc?
Falk Drilling Inc is open Monday through Friday from 8:00 AM to 5:00 PM and is closed on Saturdays and Sundays.
How can geothermal well drilling reduce heating and air conditioning bills?
Geothermal systems require about half the electricity of conventional systems and can reduce heating and cooling bills by 40 to 70 percent, often offsetting installation costs and qualifying for tax incentives.
What advantages do geothermal heat, air, and water heating systems offer?
These systems offer lower energy bills, potential financing options, tax incentives, reduced maintenance costs, and operate very quietly, making them environmentally friendly.
How deep are the geothermal wells drilled by Falk Drilling Inc?
Residential geothermal wells are typically between 150 and 400 feet deep, with some commercial wells going as deep as 600 feet.
How long does it take to install a residential geothermal system?
Installation of a residential geothermal system usually takes about two days, depending on soil conditions and piping requirements.
Does Falk Drilling Inc assist with federal tax credits for geothermal installations?
Yes, the company provides information on the Geothermal Tax Credit, which covers installation expenses and allows a 30% tax credit filed via Form 5695.
Where is Falk Drilling Inc located?
Falk Drilling Inc is located at 614 6th Street SE, Hankinson, ND 58041, USA.
What nearby places are close to Falk Drilling Inc that customers might find useful?
Nearby places include Western Union for money transfer services, Dollar General for shopping needs, and LT's Fuel Stop for gas and convenience items, which can be helpful for customers visiting Falk Drilling Inc.
Are there local accommodations near Falk Drilling Inc for customers traveling from afar?
Yes, nearby hotels and motels include Dakota Magic Casino & Hotel, Hankinson Inn, and Hankinson Motel, providing convenient lodging options for visiting customers.
What schools are near Falk Drilling Inc, useful for customers relocating to the area?
Nearby schools include Hankinson High School and Hankinson Public School, which serve the local community.