I have a 2ft dia, 45ft deep bored well which typ. has 14ft of water in it. my 15 yr old. 1 hp vert. deep well jet pump seals have failed. pump service company said it'll cost approx. $280 to put new seals- he stated he wouldn't put seals in pump that old. looking at new 1hp vert. and find fairly costly. is there any reason not to swap out with submersible pump in lieu of jet? it appears i can get better performance for less money. well and tank are located in large shed within 6 ft of subpanel so power to pump in well should be no problem. well is primarily used to fill pool and to water lawn and garden. garden is approx. 600ft. from well house. thanks for any input.