Showing results for: domestic geothermal heating News
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New category of geothermal heat pumps can now earn the Energy Star
The U.S. Environmental Protection Agency is announcing new requirements for residential geothermal heat pumps (GHPs), enabling water-to-water geothermal heat pumps to earn the Energy Star label for the first time. EPA’s stringent specifications for this new category of geothermal heat pumps will help protect the environment and reduce energy costs, because GHPs that meet the new standards will be ...
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Federal Budget and Stimulus Signed into Law - Credits for Geothermal Included
President Trump ended several days of uncertainty last night, signing into law a massive budget, economic stimulus, and Covid-19 relief package. As we mentioned last week, this legislative package includes an extension for commercial and residential geothermal heat pump (GHP) tax credits. See our announcement from last week here. The new law extends the credits for GHP installations through ...
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Dandelion Energy Celebrates New Tax Credit for New York Homeowners Who Install Geothermal Systems
Dandelion Energy, the nation’s leading home geothermal company, celebrates the passing of the New York state budget, which includes a new tax credit for residential geothermal heat pump installations in New York. The new geothermal tax credit is available for any system installed after January 1, 2022, and homeowners can carry the tax credit forward for five years if their New York income ...
By Dandelion
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Canada Greener Homes Grant
Saving energy saves you money – Get up to $5000 in grants for geothermal heat pump ...
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The race for alternative energy sources: new geothermal projects in Europe
In the race to find alternative energy sources, geothermal energy is gaining favour. Geothermal energy is a continuous source of energy since the heat is trapped inside the earth, without depleting. This places geothermal energy above sporadic wind and solar energy, which tends to have a capacity factor of only 20-35%; geothermal capacity is more than 70%. Although global energy use from ...
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