Press Releases
GEO Board Welcomes Michael Albertson
March 4 – By unanimous vote during a teleconference meeting, the Geothermal Exchange Organization (GEO) confirmed replacement of Board Member Tom Huntington (WaterFurnace International, Inc.) by Michael Albertson. Huntington passed […]
Tax Reform Proposal Threatening Geothermal Heat Pump Tax Credits is “Dead on Arrival”
The headlines—and the geothermal heat pump industry—have been buzzing about tax reform since the House Ways and Means Committee released a proposal by Chairman Dave Camp (R-MI) on Feb. 26. To balance substantial tax cuts, the draft bill eliminates or shortens scores of tax breaks, including those currently in place for geothermal heat pumps.“The Camp proposal would end the 25D ...Read More