Find Geothermal Incentives!
It is a fact that geothermal systems are extremely efficient. There have been numerous research projects conducted on geothermal heat pumps over the years by organizations ranging from the Department of Energy to local nonprofits. Each time the efficiency of geothermal units are compared to conventional equipment, geothermal ends up winning. Geothermal definitely stands out from the crowd as an extremely efficient way to heat and cool a building.
Because of their extreme efficiency, the federal government, state government, utilities, and local organizations have all recognized the significance of geothermal heat pumps in the over-all strategy to move towards a more sustainable country. They have allocated funds toward promoting the geothermal industry and these incentives range from large tax credits to free energy audits. To take advantage of these incentives, it is important to know where to look.
The Database for State Incentives for Renewables and Efficiency
The first place to look when trying to find incentives for your new geothermal system is the Database for State Incentives for Renewables & Efficiency
(DSIRE). After selecting the link above and going to website, choose the state where you are installing your geothermal system. You can then select a filter at the top of the page to see results for Federal Incentives, All Summaries, or Residential Incentives Only. This is a very comprehensive website and will list most Federal, State, Local, and Utility incentives available for geothermal systems. To learn more about any of the incentives listed, simply select the incentive and look to the Summary section. There is even contact information listed beneath the Summary section if you would like to speak to the person in charge of the incentive and get further information. This is a great website to help with your research and search for incentives you may be able to take advantage of with your new geothermal heat pump.
While the DSIRE website does include a comprehensive list of incentives, there may be some incentives not listed on the website. To find other incentives, perform Google searches on your local utility, state energy office, and any renewable energy organizations in your state. It is always a good idea to browse through their websites to see if they have any further incentives available.
Free Heat Beneath Your Feet Sweepstakes
While most residential geothermal incentives are limited to homeowners purchasing a new geothermal system, if you have an existing home with a geothermal system there is an incentive for you as well. Right now GeothermalGenius is running our “Free Heat Beneath Your Feet” Sweepstakes! Homeowners who own a geothermal heat pump can submit a testimony about their geothermal system here and be entered to win free air conditioning for the summer 2012!
If you are considering a geothermal system, maybe these incredible incentives will push you over the edge to make a great decision to become part of the geothermal community. If you are wondering if a geothermal system is right for you, please visit our Testimony Page to learn what other homeowners are saying about their systems.