Janet
Reeder is the editor of Geo Outlook, a trade publication of the International
Ground Source Heat Pump Association in Stillwater, Okla., and the Geothermal
Heat Pump Consortium in Washington, D.C.
Geothermal drilling is not new. In fact, some drillers have been involved in geothermal heat pump (GHP) work for decades. Continuing uncertainty in a volatile energy market has created concern over the cost of both residential and commercial heating and cooling. Those unpredictable costs have made many take a serious look at the proven return on investment offered by GHPs.
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.
