Geothermal market - Articles - Page 13

new minimum-efficiency standard probably affected heat pump sales

What’s Behind the Heat Pump Slump?

Skyrocketing sales slowed last year

May 23, 2016

Up until recently, sales of air-source heat pumps were on a tear, growing from 1.6 million units in 2009 to 2.3 million units in 2014, according to the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). But, in 2015, sales of heat pumps slipped 3.6 percent from the previous year.

A Dealer Success Panel answered audience questions about geothermal best practices, tax credits, marketing, and more during WaterFurnace Intl. Inc.’s Annual Sales Meeting in Nashville.

WaterFurnace Supports Dealers at Annual Meeting

Annual sales meeting focuses on strengthening, growing businesses

Nicole Krawcke

May 16, 2016

The two day event, which was focused on helping dealers strengthen and grow their businesses, featured presentations on WaterFurnace products, marketing tools, training, financing, and more.

Parsons Voted New GEO Chairman

He’ll represent the national interests of the geothermal heat pump industry

May 5, 2016

By unanimous vote of its directors, the Geothermal Exchange Organization (GEO) has named Joe Parsons of Earthlinked Technologies as its new chairman of the board for 2016-17. He has served on the GEO board of directors since May 2014.

WaterFurnace Announces Return of SEVENbration Savings

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.

The most important part of any geothermal installation is the design of the system, and that begins with an accurate load calculation. Photo courtesy of WaterFurnace

In Geothermal Designs, Don’t Succumb to Rules of Thumb

Abandon preconceived notions and carefully deliver properly designed loop systems

Joanna R. Turpin

February 15, 2016

As customer interest in geothermal has increased, numerous HVAC contractors have begun offering GHPs as a way to expand their businesses and give their customers another energy-efficient HVAC option. But, while many of these contractors have undergone extensive training and took the time to properly design and install their GHP systems, others may not have been so careful.

GEO Signs Memorandum of Understanding with IGSHPA

The organizations share a common interest in advancing the geothermal/ground-source heat pump industry

December 25, 2015

The Geothermal Exchange Organization (GEO) and the International Ground Source Heat Pump Association (IGSHPA) announced they have signed a memorandum of understanding (MOU) to strengthen and expand the complementary relationship between the two associations.

Carrier Partners with Orca Energy

Partnership will make geothermal more accessible in new construction homes

November 9, 2015

The agreement between Orca Energy and Carrier is part of Carrier’s renewed emphasis on geothermal heating and cooling solutions.

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

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.

Energy Star Honors 2015’s Most Efficient Geothermal Units

US EPA program recognizes exceptional geothermal heat pump performance

Herb Woerpel

September 28, 2015

Every year, the U.S. Environmental Protection Agency’s (EPA’s) Energy Star program acknowledges products it deems “Most Efficient” in the marketplace. Here is a snapshot of Energy Star’s Most Efficient Geothermal Heat Pumps of 2015.

Geothermal Heat Pump Market to Grow at CAGR of 15.26% to 2019

Vendors are adding greater functionality to their geothermal heat pumps

August 3, 2015

The global geothermal heat pump market is forecast to grow at a compound annual growth rate (CAGR) of 15.26 percent over the period of 2015 to 2019, according to a report from Research and Markets.