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 […]
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 […]
March 3 – The Geothermal Exchange Organization (GEO) responded to a bipartisan group of governors from 17 states who pledged on Feb. 16 to accelerate efforts to boost renewable energy, build better electricity grids, and cut emissions after the U.S. Supreme Court stayed implementation of the U.S. Environmental Protection Agency’s (EPA) Clean Power Plan. The […]
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 away on Feb. 12, after a heroic battle with cancer. The Board also confirmed David Hules (Emerson Climate Technologies) as a replacement for Chris Mays, […]
GEO Work in Washington, DC GEO Advocacy “Fly-Ins” In late-March and again in late-September, the Geothermal Exchange Organization (GEO) Board of Directors and staff staged Fly-Ins to Washington, DC for political briefings and visits to key lawmakers on Capitol Hill. Issues included the industry’s need for tax extenders, tax credits and a legislated definition of […]
The Geothermal Exchange Organization has put together a helpful fact sheet on currently available federal tax incentives for installation of geothermal heat pump equipment. Please download the fact sheet here.
GEO Wins Tax Extenders and Gains a Clear Path Forward for Extension of Tax Credits Dec. 18 – The U.S. House of Representatives and U.S. Senate passed a $1.1 trillion Omnibus bill to fund the government and a companion bill to provide $650 billion in tax relief over 10 years. According to Geothermal Exchange Organization […]