Acquisition includes ClimateMaster, IEC, ClimateCraft, and ClimaCool
May 12, 2016
NIBE Industrier AB of Sweden and LSB Industries Inc., Oklahoma City, announced that they have entered into a stock purchase agreement by which NIBE will acquire 100 percent of the outstanding shares of The Climate Control Group Inc. from LSB for a purchase price of $364 million.
He’ll represent the national interests of the geothermal heat pump industry
May 5, 2016
By unanimous vote of its directors, the Geothermal Exchange Organization (GEO) has named Joe Parsons of Earthlinked Technologies as its new chairman of the board for 2016-17. He has served on the GEO board of directors since May 2014.
The Bosch Greensource CDi geothermal heat pump comes equipped with innovative technology that only Bosch can provide including: 10 year limited warranty on parts and labor; fiber-free, closed-cell insulation to help keep the system’s high efficiency and improve IAQ; and more.
H 3874 provides an income tax credit to any individual or business installing geothermal
March 21, 2016
The law allows a tax credit against the income tax liability of a taxpayer equal to 25 percent of the costs incurred by the taxpayer in the purchase and installation of geothermal machinery in or on a facility in South Carolina and owned by the taxpayer.
Homeowners can receive an instant rebate of $2,000
March 10, 2016
WaterFurnace International Inc., a leading manufacturer of geothermal and water source heat pumps, has announced the return of its SEVENbration savings event for the company’s high-efficiency 7 Series variable capacity geothermal heat pump.
GHPs may not often be a consumer’s first choice for heating and cooling, but many contractors remain dedicated to the technology, and they’re still finding consumers who want GHPs — even in areas where their benefits are not known as well.
The New York City Council voted unanimously to pass a bill that encourages the installation of geothermal energy and requires that geothermal heat pumps be considered for all new construction and retrofits of city-owned buildings.