Average Hourly Cost: The average hourly cost for installing a geothermal system by an air conditioning contractor in 2023 is estimated to be around $100 - $150 per hour.

Cost Breakdown: The cost of installing a geothermal system is comprised of labor costs, material costs, and any other associated costs. Labor costs generally include the cost of the contractor's time, travel costs, and any other costs associated with their work. Material costs include the cost of the geothermal system itself, any necessary accessories, and any other materials needed for the job.

Factors Affecting Cost: Several factors can affect the cost of installing a geothermal system, such as the type and quality of the geothermal system and any accessories, the complexity of the job, and the location and service provider. Higher quality geothermal systems and accessories tend to be more expensive, as do more complex jobs. Additionally, the cost of labor and materials can vary significantly depending on the location and service provider.