News

Iowa Passes Geo Tax Incentive Bill

Before the Iowa Legislature adjourned on May 9, it passed SF 2342, a measure that among other things provides a state tax credit for residential geothermal heat pump (GHP) installations equal to 20% of the federal residential energy efficient property tax credit. It can be used for tax liability for 10 years or until depleted. Considering the federal GHP tax ...Read More

GEO Secures Funding in Senate for GHP Program and On-Bill Financing Initiative

In late April, the Senate Appropriations Committee approved a funding bill for the U.S. Department of Energy (DOE) for Fiscal Year (FY) 2013. Thanks to the leadership of Senators Jon Tester (D-MT) and Bernie Sanders (I-VT), the legislation encourages DOE to provide no less than $10 million "to support research, development, and strategic deployment of geothermal heat pump (GHP) technology." ...Read More

Chairman’s Message

Tom HuntingtonAt its meeting on April 6, Geothermal Exchange Organization (GEO) leadership unanimously elected WaterFurnace CEO Tom Huntington as Chairman of the Board. In the following editorial, he lays out his vision for the association. First, let me say how honored and excited I am to assume my new role at GEO. I'm blessed that in both my professional roles ...Read More

New Rule Requirements for Geothermal Closed Loop Systems

Meeting Notice Revisions of the NC Injection Well Construction Standards (15A NCAC 02C.0200) May 30th 2012 at 5:30pm Outer Banks Home Builders Association 105 W. Airstrip Rd Kill Devil Hills, Dare County NC (252) 449-8232 Effective May 1, 2012, all geothermal closed loop systems are permitted by rule. NCDENR representatives will discuss this and other […]

Geothermal Gains in Vermont

BURLINGTON, Vt., April 23 – U.S. Sen. Bernie Sanders (I-Vt.) today highlighted Vermont’s progress in using geothermal technology to cut heating costs, support jobs and reduce greenhouse gas emissions. Investments in geothermal energy will reduce the $350 billion a year that Americans spend to import oil from foreign countries.  In Vermont alone, homeowners and businesses […]

GEO Supports California GHP Bill

In a March 29 letter to Chairman Steven Bradford and Members of the California General Assembly Utilities and Commerce Committee, Geothermal Exchange Organization (GEO) President Doug Dougherty expressed the association’s and industry support for AB 2339, the Renewable Thermal Energy Deployment Act, which directs the California Public Utilities Commission—in consultation with other agencies and stakeholders—to […]

GEO Groundswell of Support

In recent months, the Geothermal Exchange Organization (GEO) has effectively lent its support to several local initiatives by state-based geothermal heat pump (GHP) industry organizations. GEO is dedicated to growing the installation and use of GHPs across the nation.  "GEO places a high value on its relationships with state geothermal heat pump (GHP) associations and coalitions, which are instrumental in ...Read More