The following remarks were made regarding the article “Renewable Resources Could Save American Suburbs,” written by Maria Taylor, business management editor of The NEWS, published May 27.
The NEWS spoke with Doug Dougherty, president and CEO of the Geothermal Exchange Organization, about the impact of the tax credit, trends in geothermal, and GEO’s increased focus on state-level policies.
California has now signaled that it, too, intends to follow Germany down the renewable energy path. In September, the governor signed a bill requiring that 100 percent of the state’s electricity be generated by renewable energy sources such as solar or wind by 2045. This is an expensive proposition and will significantly boost California’s already high residential electricity costs, which are currently about $.20/kWh.
California has now signaled that it, too, intends to follow Germany down the renewable energy path. In September, the governor signed a bill requiring that 100 percent of the state’s electricity be generated by renewable energy sources such as solar or wind by 2045. This is an expensive proposition and will significantly boost California’s already high residential electricity costs, which are currently about $.20/kWh.
Commercial buildings have high energy needs, and it’s no secret that the HVACR system is one of the largest sources of electricity consumption in them. Since the U.S. Energy Information Administration (EIA) began tracking energy use through its Commercial Buildings Energy Consumption Survey (CBECS) in 1979, total energy consumption has almost doubled.