Credit provides 25 percent up to $5,000 for GHP installations
July 11, 2016
Geothermal heat energy is part of Assembly Bill 10342 — the New York State Climate & Community Protection Act, which would cut greenhouse gases by 100 percent by 2050 with an interim goal of 50 percent by 2030. The legislation promotes renewable energy, including GHPs.
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.
Program aims to increase geothermal heating and cooling adoption in new construction
October 22, 2015
A new, national program from Carrier and Orca Energy, a leading geothermal utility provider, is designed to makes geothermal heating and cooling more accessible in new construction homes. Orca Energy will provide financing for geothermal earth loops in new residential developments with the purchase of a Carrier geothermal system.
National day of recognition for U.S. geothermal heating and cooling industry
October 20, 2015
Bosch Thermotechnology Corp., a division of Robert Bosch North America, announced that Oct. 20, 2015 is National Geothermal Day in recognition of the geothermal heating and cooling industry in the U.S. The recognition day comes as part of National Energy Month.
The website is tuned to draw maximum traffic from Internet users
August 31, 2015
The Geothermal Exchange Organization (GEO) announced that its website has been completely redesigned, with easier and more intuitive access to content that offers basic information about geothermal heating and cooling for consumers, plus technical and policy information for industry professionals and decision makers.