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Home » geothermal market

Articles Tagged with ''geothermal market''

Geothermal Heat Pump Tax Credits Reinstated

Hard-Fought Victory Will Secure Jobs and Time to Help Overcome Market Barriers
February 9, 2018
The U.S. geothermal heat pump (GHP) industry scored a victory for its workforce and their employers as federal legislation was passed to extend federal tax credits for residential and commercial installations of GHPs. The measure was included in the Continuing Resolution spending bill approved by Congress.
Read More

Getting Geothermal Systems Right

Jay Egg - ACHR
Jay Egg
January 22, 2018
Veterans of the geothermal HVAC industry have long been asked what it’s going to take to provide enough traction for geothermal to stand on its own.
Read More
capitol

Congress Drops Tax Credit Parity for GHPs, but Offers Hope with Extenders Bill

Douglas A. Dougherty
December 21, 2017
On Dec. 15, a Senate-House Conference Committee released its agreed-upon tax reform bill. But to the surprise and dismay of GEO, our hard-fought language to finally bring tax credit parity back to the GHP industry was NOT included within the bill. Needless to say, we were extremely disappointed that the tax credit inequity created by Congress in a solar incentive deal they passed in late-2015 remains.
Read More

Geothermal Funding under ARPA-E

December 19, 2017
The U.S. Department of Energy (DOE) has announced up to $100 million in funding for new projects as part of the Advanced Research Projects Agency-Energy’s (ARPA‑E) latest OPEN funding opportunity. OPEN will support America’s top innovators through dozens of early-stage research and development projects as they build technologies to transform the nation’s energy system.
Read More

Ontario Geothermal Association Applauds GreenON Low Carbon Initiative

December 15, 2017
The Ontario Geothermal Association (OGA) applauded the announcement by Chris Ballard, Ontario's minister of environment and climate change, about a new program of financial support for Ontario households interested in improving their energy efficiency and lowering the carbon footprint of their homes.
Read More
U.S. Rep. Fred Upton

HVACR Industry Leaders Applaud Congressional Tax Reform Bills

Industry leaders believe there are many positives within the pending legislation
Herb 2018
Herb Woerpel
December 11, 2017
Comprehensive tax reform is a presidential signature away from becoming a reality.
Read More

Enertech Global LLC: Water-to-water Geothermal Unit

December 11, 2017
This product accelerates and decelerates continuously. Since the unit does not stop and start to meet temperature settings, it increases cost-savings for home and building owners.
Read More
heat exchanger

Federal Geothermal Tax Credits Included in House GOP Tax Bill

Industry excited yet cautious about the potential return of the 30 and 10 percent federal tax credits
Herb 2018
Herb Woerpel
November 27, 2017
After two years of strenuous, grassroots efforts, it appears as if geothermal tax credits are making a comeback.
Read More

Whisper Valley Development Relies on Geothermal Heat Pumps

Ted J. Clutter
November 20, 2017
Global developer Taurus Investment Holdings (Boston) has officially opened its $2 billion sustainable community, Whisper Valley, in East Austin, Texas. The company’s vision is to attract buyers who want to lead a socially responsible lifestyle with affordable and energy efficient homes in a sustainable development.
Read More

Geothermal Tax Credits in Tax Reform Bill

November 3, 2017
GEO has announced that the extension of the residential and commercial tax credits for geothermal heat pumps is contained in the tax bill released by the U.S. House of Representatives.
Read More
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