While the geothermal industry is enjoying the growth, many are focused on 2016, when the tax credits are set to expire. The existing tax credit grants a 30 percent incentive for residential projects and 10 percent for commercial projects.
Almost all of us lie, fib, or stretch the truth a bit. We do this to our superior ("Great joke, boss!") and to our significant other ("I would love to go out to your parents' place this weekend"). Sometimes, it's easy to tell people what they want to hear to inflate their opinion of you. It happens on résumés all the time.
DOE intends to issue 18 rulemakings affecting industry products and equipment. Of those, only five are scheduled for implementation after the current political administration leaves office. This means 13 rulemakings are likely to go into effect over the next two years.
Why shouldn’t the tree huggers get just as big of a kick seeing their furnaces get installed as they do seeing a Prius on the lot? It is time for the industry to start making money off the bleeding heart liberals in this country.
Contractors who survived the great recession need to change their mindsets. Business leaders needed to hunker down to get through the tough times but now they must enjoy the reward — a good and growing economy.