GEO Working to Reinstate Federal Bonus Depreciation for Geothermal Heat Pumps

Through its Washington, DC activist team at Bracewell & Giuliani, LLP, the Geothermal Exchange Organization (GEO) is actively supporting “tax extenders bills” that are now under consideration by the U.S. House of Representatives and in the U.S. Senate. The bills would reinstate and extend several tax incentives that expired last year. According to GEO President […]

NY-GEO Comments on Empire State’s REV Clean Energy Plan

The New York Department of Public Service first proposed its Reforming the Energy Vision (REV) initiative in April to head off aging electric infrastructure, low load growth, and new peak demand with a plan that envisions new technologies helping traditional utilities face the future. REV is aimed at changing New York’s regulatory regime in ways […]

“Credit Where Credit Is Due” in Massachusetts

Renewable fuels to heat and cool buildings have many virtues, but their use for this purpose is distressingly low. Fuels such as biomass, biogas, and liquid biofuels—as well as geothermal, solar heating, and ocean thermal systems—can reduce greenhouse gas emissions, stabilize volatile energy costs, increase local jobs, and keep consumer energy spending local. Despite these […]

USDA Funds Renewable and Energy Efficiency Projects

The U.S. Department of Agriculture (USDA) is investing $68 million in 540 renewable energy and energy efficiency projects nationwide. The funding is provided through the agency’s Rural Energy for America Program (REAP). REAP was created by the 2008 Farm Bill and was reauthorized by the 2014 Farm Bill. The program investments—largely in solar but including […]

GEO Champions Loop Leasing in New Home Developments

Geothermal heat pumps are efficient and last 100 years or more, but home-builders are hesitant to install the systems for a number of reasons. That’s changing, however, as large-scale housing developments across the country and major retailers begin large geothermal projects. Up-front costs are one of the main issues that trade groups like the Geothermal […]

GEO’s State Advocacy Efforts Continue to Grow

Recent advocacy successes by the Geothermal Exchange Organization (GEO) at the state level appear to be snowballing as a two-year effort to change the way geothermal heat pumps (GHPs) are regulated in Illinois rolls toward a successful conclusion. With the Geothermal Alliance of Illinois, GEO has submitted final draft revisions to the Technical Resource Manual […]

Geo Industry Striving for Inclusion

For several years, the Geothermal Exchange Organization (GEO) and several geothermal manufacturers have been working to include geothermal heat pumps (GHPs) in the federal definition of clean energy, and they are hoping this could be the year it finally happens. After receiving support on both sides of Congress, GEO president and CEO Doug Dougherty said […]