For those who attended the 21st annual International Ground Source Heat Pump Association conference in Nashville, Tenn., Oct. 1-2, news accounts of the energy credits tied to the Emergency Economic Stabilization Act of 2008 were the best news for the industry in years.
those who attended the 21st annual International Ground Source Heat Pump
Association (IGSHPA) conference in Nash-ville, Tenn., Oct. 1-2, news accounts
of the energy credits tied to the Emergency Economic Stabilization Act of 2008
were the best news for the industry in years.
IGSHPA, a non-profit member-driven association based on the Oklahoma State
University campus in Stillwater, Okla., has been working to promote
ground-source heat pump technology for 21 years, since Jim Bose, OSU professor
and director of the group, revived the technology in the 1980s. “It is really
important to us, because it is the first time that we are being tied to
renewable energy,” Bose says. “It opens up tax incentives and credits we have
An industry founded and based in Oklahoma, GSHP technology, manufacturing and
training all are centered in the state. ClimateMaster, one of the industries
largest manufacturers of GSHP units, and a strong lobbying force for tax
incentives in Washington, D.C., is located in Oklahoma City. Training for the
industry is handled by IGSHPA from its Stillwater office.
Dan Ellis, president of ClimateMaster, says the conference was a real success.
He notes that the energy credits should provide a stimulus to the industry from
homeowners, an area that has lagged behind commercial, military and educational
institution installations for years, largely due to initial
Attendees of the Nashville conference included nearly 600 engineers,
architects, builders, HVAC installation experts, manufacturers of pipe, GHP
units, pumps, drilling rigs and others involved in the expanding geothermal
heat pump realm. International IGSHPA members also were in attendance from
Greece, Romania, China, Canada and other countries.
Enrollment in three classes offered to installers, drillers and system
designers packed out the rooms as attendees sought accreditation and training
in the industry.
The renewable energy incentives recently approved now will allow for up to a
$2,000 tax credit for homeowners who have installed in 2008 or will install
geothermal heat pumps through 2016. The Long-term Extension and Modification of
the Residential Energy-Efficient Property Credit also includes provisions for
solar and small wind investments. It is the first federal tax incentive
garnered by the geothermal heat pump industry for homeowners.