HVAC Commercial Market, Heat Pumps

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The Geothermal Exchange Organization (GEO) expressed extreme disappointment that the House stopgap spending bill to fund the U.S. government does not include an extension of the Investment Tax Credit for geothermal heat pumps. The expiration of these tax credits, which apply to a range of efficiency technologies, will threaten thousands of U.S. jobs.

The system combines variable refrigerant flow (VRF) along with a closet-mounted single packaged unit.

The Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI) and the Geothermal Exchange Organization (GEO) announced a memorandum of understanding (MOU) to establish a framework for cooperation in the ongoing development and improvement of the geothermal heating and cooling industry.