SOURCE: Information contained in these graphs are courtesy of the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
The geothermal industry had a rough year in 2017, mostly due to an unfair marketplace set up by the government. While solar and wind continued to enjoy the renewable tax credits, geothermal was left out in the cold.
Doug Dougherty has been president and CEO of the Geothermal Exchange Organization (GEO) since March of 2011. In that role, he became a major player in the lobbying effort to get the federal geothermal tax credits passed.
Following a contentious two-year struggle, the HVACR industry is enthusiastically applauding Congress’ decision to reinstate the federal residential and commercial geothermal heat pump tax credits.
Nortek needed all hands on deck at the AHR Expo as the company showcased numerous new equipment lines in multiple categories, including split system air conditioners, variable refrigerant flow (VRF) units, data center management modules, heat pumps, gas/electric packaged systems, and more.
LG Electronics USA Inc. had so many new products to introduce at the AHR Expo, it needed two booths. The company was showcasing a lineup of commercial, light commercial, and residential HVAC solutions, including variable refrigerant flow (VRF) technology and customizable control systems.
After making the “big leap” into a mortgage to secure a 60-acre parcel in Lancaster County, Pennsylvania, farmers Keith and Jenessa Frey considered all the options for a home.
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.