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HVAC Residential MarketHeat PumpsGround Source Heat PumpsHVAC Breaking News New Construction Market

Carrier, Orca Energy Team to Provide Financing for Geothermal Systems

Program aims to increase geothermal heating and cooling adoption in new construction

October 22, 2015

INDIANAPOLIS — 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 heating and cooling system.

Carrier said the agreement with Orca Energy is part of its renewed emphasis on geothermal heating and cooling solutions. It comes as Carrier launches a new product line that pairs the sustainability and cost-savings of geothermal heating and cooling with Carrier’s Infinity® Series controls. As part of the program, the loop is treated as a utility and a small monthly payment is charged to the homeowner, without additional upfront costs to the developer, builder, or homeowner.

“Orca Energy is recognized for its geothermal expertise and its successful utility model that enables developers, home builders, and homeowners to cost-effectively install the most energy-efficient option in heating and cooling,” said Matthew Pine, vice president, marketing, Carrier residential HVAC. “As experts in heating and cooling, creating this program is a natural fit. We are thrilled that this program will help homeowners enjoy the cost-savings and sustainability of our geothermal solutions.”

Developers, home builders, or homeowners interested in learning more about this program may contact 1-800-Carrier or info@orcaenergies.com.

For more information on Carrier, visit www.carrier.com.

Publication date: 10/22/2015

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KEYWORDS: geothermal market geothermal system

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