"In Washington these days, timing is everything," says Geothermal Exchange Organization (GEO) President and CEO Doug Dougherty in a recent statement. "As you may have read in the April issue of our Report to Members, GEO has already taken a public position on behalf of the industry regarding the tax credits in force until 2016 for geothermal heat pump (GHP) installations. We filed comments last spring to the House Ways and Means Committee asking for an extension of the tax credits both residential and commercial through 2020. Our Washington advocacy team is in constant contact with Committee staff on the issue, and advised us on the timing of those comments.
"Certainly, there may come a time to generate a grassroots coordinated effort to protect and ask again for an extension of the tax credits, but it appears that moment is off into the future. As always, one cannot predict with certainty what Congress will or won't do. That's why GEO has a distinguished Washington DC team guiding us on mounting advocacy campaigns at the appropriate time. We thank GEO Members and all members of the geothermal community for their interest and desire to help extend the tax credits. You can be certain that we will ask for your support on this issue when it is needed."