High Hopes for Geothermal Tax Credit Extensions

US Rep Introduces Geothermal Tax Bill Bill extends tax credits for energy-efficient residential and commercial property through 2021   WASHINGTON — U.S. Rep. Mike Thompson, D-California, a senior member of the House Ways and Means Committee, introduced HR 2412, the New Energy for America Act, which extends Investment Tax Credits (ITCs) for energy-efficient residential and…

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Geothermal System Nears Forth Decade of Performance

A recent edition of The Air Conditioning, Heating and Refrigeration NEWS spotlights Don McDermott, whose ClimateMaster geothermal unit has been running smoothly for over 37 years. Living in Miami, FL., McDermott has his ClimateMaster unit on an open-loop system that circulates water between his unit and the pool in his back yard. The article includes…

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ClimateMaster’s Trilogy™ 40 Receives Federal Laboratory Consortium Award

OKLAHOMA CITY, OKLA., July 10, 2014 – ClimateMaster, in conjunction with Oak Ridge National Laboratory (ORNL), has received the Federal Laboratory Consortium’s (FLC) 2014 Award for Excellence in Technology Transfer for its Trilogy™ 40 geothermal heat pump system. The award recognizes lab employees and private collaborators that accomplish outstanding work in successfully transferring technology developed…

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Geothermal Systems Provide Energy Independence For More Homeowners

(BPT) – For years Dwight Nadig and his wife suffered through the cold winters in their York, Pa., ranch-style home, originally built in 1979. “We have no access to natural gas in our neighborhood, so we had oil heat,” says Nadig. “The price of oil has gotten extremely high and we found ourselves keeping the…

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Is Alternative Energy Gaining Ground with Home Builders?

Nearly a quarter of single-family builders installed energy-producing equipment such as geothermal heat pumps and photovoltaics in new construction projects last year, according to NAHB. Will alternative energy sources such as geothermal heat pumps and photovoltaic (PV) panels become standard offerings on new homes in the future? Just under a quarter of the market is…

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