With the geothermal market enjoying an enormous surge in popularity due to financial incentives and its reputation for sustainability, now is the time for contractors to strike while the iron is hot and add geothermal to their offerings.
Slideshow: Executives highlight geothermal tax incentives as a demand driver, spurring the company to invest in more manufacturing capacity and research
As network geothermal systems break ground in record numbers, the HVAC contractors responsible for installing and maintaining these systems are met with ample business opportunities.
Since President Joe Biden invoked the DPA back in June 2022, HVAC-related energy efficiency incentives and renewable energy technology, have made their way into the spotlight. Many of those who work in the geothermal industry have been “waiting for this day” for decades.