Running Low on R-454B? Dig Deeper
R-454B prices have skyrocketed 700% — and for contractors struggling to find supply, geothermal systems are beginning to stand out. Source link
Read more
Geothermal Projects Stalled by Lack of Drilling Partners
Geothermal HVAC may be a long-term solution, but for many contractors, getting a project off the ground — literally — remains a major challenge. A new study shows that more than half of HVAC contractors who outsource their...
Read more
GOP Lawmakers Urge Elimination of Tax Credits for Geothermal Programs
The House Republican majority supports ending federal tax credits for energy programs—including those for geothermal—outlined in the Inflation Reduction Act (IRA). This rollback is a key feature of the 1,116-page “One, Big...
Read more
Survey Shows 1 in 4 Commercial Buildings Using Geothermal
Commercial contractors are seeing increased interest in geothermal HVAC — and the latest data backs this up. A new survey by The ACHR NEWS, in partnership with myCLEARopinion Insights Hub, found that 25% of facility managers have already...
Read more
Geothermal Professionals See Growing Interest In Residential Projects
Contractors, developers, and equipment manufacturers are seeing growing opportunities for residential geothermal projects in the U.S. As of 2023, according to the U.S. Department of Energy (DOE), approximately 3% of the homes in the country...
Read more
Homeowners’ Geothermal Expectations & Issues
What do homeowners know about geothermal HVAC? Is it accurate? And are they interested? These are all questions that geo contractors are asking themselves, and thanks to a new study by The ACHR NEWS, these questions can be answered with a good...
Read more
Digging into Geothermal: The New Underground Frontier
Geothermal checks almost all of the boxes — it’s sustainable, utilizes American soil, and there are plenty of tax incentives and rebates to support it. But despite all of its promises, it’s not enjoying the widespread...
Read more
What the Launch of Mission Geo Could Mean for the HVAC Industry
The geothermal industry is growing, and those in the industry have no intention in letting it slow down. Organizations such as the International Ground Source Heat Pump Association (IGSHPA) have launched initiatives that bring awareness and...
Read more
GeoExchange Launches Geothermal Awareness Initiative
SPRINGFIELD, Ill. — The Geothermal Exchange Organization (GeoExchange) has launched Mission Geo, a multi-faceted outreach and advocacy initiative to boost awareness, understanding, and adoption of geothermal...
Read more
Chicago’s Booming Geothermal Market | ACHR News
Though digging geothermal wells in high-density urban environments poses many challenges, in the Chicago, Illinois, the geothermal project market is booming. Local geothermal contractors along with manufacturers are reporting increased interest...
Read more
Virginia Passes Geothermal Bill With Major Financial Incentives
Recently the state of Virginia passed a bill that will allow geothermal heat pump owners to sell Renewable Energy Certificates (REC) to utility companies. As a result, this will significantly reduce the cost of a geothermal installation by...
Read more