Advocacy

GEO Asks EPA for Energy Efficiency

Aug.  17 – The Geothermal Exchange Organization (GEO) has signed on to a letter to the U.S. Environ-mental Protection Agency from the American Council for an Energy Efficient Economy (ACEEE) that promotes energy efficiency as a vital component of the agency’s Clean Energy Incentive Program (CEIP). The letter says that the pool of credits that […]

Congress Misses Opportunity to Promote Renewable Energy

Geothermal Heat Pump Industry Disappointed Over Inequity with Solar Created by Lawmakers in Washington April 14 – “Congress missed an important and timely opportunity this week to achieve parity among renewable energy tax incentives and to advance an important technology,” said Geothermal Exchange Organization (GEO) President and CEO Doug Dougherty. The Senate will soon pass […]

GEO ACTION ALERT!

NOW IS THE TIME TO ACT TO HELP EXTEND THE FEDERAL TAX CREDITS FOR GEOTHERMAL HEAT PUMPS Last December, Congress extended tax credits for solar technologies by five years. Geothermal heat pumps were left out of the extension. Since then, GEO has pushed hard for an amendment to correct that oversight for BOTH commercial AND […]

Forging Ahead

GEO Works Hard to Advocate the Benefits of Geothermal Heat Pumps in Our Capital and Across the Nation It’s a hectic time for the Geothermal Exchange Organization (GEO), the primary national advocacy group for the geothermal heat pump (GHP) industry. From demanding equal treatment at the federal level with other renewable energy industries, to providing […]

Washington Update

July 14 – The Senate Finance Committee plans to mark up a bill on July 21 to extend corporate tax benefits that expired in 2014 and those that will expire at the end of this year, including those that benefit the geothermal heat pump (GHP) industry. Among other things, they include: Bonus depreciation that allows […]

Senate Dems Offer Tax Credit Extension Bill

July 14 – Sen. Brian Schatz (D-HI) and co-sponsors Sen. Martin Heinrich (D-NM), Dianne Feinstein (C-CA), Cory Booker (C-NJ), Al Franken (D-MN) and Sheldon Whitehouse (D-RI) introduced legislation to extend the Sec. 25D Residential Energy Efficiency Property Credit for five years beyond its sunset date of Dec. 31, 2016.The tax credit applies to residential rooftop […]

GEO Joins Investment Tax Coalition

July 10 – The Geothermal Exchange Organization (GEO) joined over 30 companies and associations in signing a letter from the Investment Tax Coalition to the Senate Finance and House Ways and Means committees. The letter asks for a five-year extension of the Sec. 48a Investment Tax Credit (ITC) as they consider business “tax extenders” (pg. […]