Newsline / Geothermal Heat Pumps / Standards & Legislation

Geothermal Bill Passes in Illinois

Bill Removes Impediments to Promote Financing of Geothermal Heat Pump Installations

July 22, 2013
/ Print / Reprints /
ShareMore
/ Text Size+

WASHINGTON — The Illinois General Assembly has passed language sponsored by the Geothermal Exchange Organization (GEO) that removes impediments to the promotion and financing of geothermal heat pump (GHP) installations within the state.

SB 1603 was amended in the Illinois House of Representatives to include the GEO-crafted language, followed by approval of the full Senate on May 30.

Prior law inadvertently prevented Illinois investor-owned utilities (IOUs) from promoting the use of GHPs under the state’s Energy Efficient Portfolio Standard, and also prevented the Illinois Finance Authority from financing buildings with GHPs.

“The GEO language had to amend three separate existing statutes,” explained GEO president and CEO Douglas A. Dougherty, “including the Illinois Finance Authority Act, the Illinois Power Agency Act, and the Public Utilities Act (PUA).”

The reason for having to amend all three statutes is complex, but was basically an effort to straighten out prior definitions of “energy efficient” by tying the term to reductions in the use of thermal energy. With passage of SB 1603, all three acts will now use a common definition: Energy efficiency also includes measures that reduce the total Btu of electricity and natural gas needed to meet the end use or uses.

GEO expects Illinois Gov. Pat Quinn to sign the bill into law.

“The new definition will encompass GHPs for the first time in Illinois,” said Dougherty. “GHPs will be recognized as being an energy-efficient technology, and IOUs will be able to promote them with financial reimbursement from a fund for such purposes under the state’s Energy Efficiency Portfolio Standard. And the Illinois Finance Authority will be empowered to issue bonds for energy-efficient projects that incorporate GHPs for heating and cooling.”

Publication date: 7/22/2013 

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con