While well intentioned, geothermal heat pump (GHP) incentives—including rebates, electricity cost reductions, tax incentives and grants from utilities and governments—can be detrimental to acceptance of the technology if steps aren’t taken to ensure successful installations.
Mr. President, thank you for re-affirming your commitment to a cleaner environment and healthy future for our children through action on climate change. While I share your goals and respect your intentions, I do not envy the challenges you face in such a complicated issue.
Geothermal heat pump (GHP) installations in Illinois got a boost recently by the state’s General Assembly, which just passed language sponsored by the Geothermal Exchange Organization (GEO).
The Geothermal Exchange Organization (GEO) has formally urged Congress to extend federal tax credits for residential and commercial geothermal heat pump (GHP) installations.